In restaurant news this week: Dining out in the UK is predicted to fall by over a third in September, London wine bar Top Cuvée gets ready to open a shop, and a MasterChef: The Professionals finalist prepares to open a West African restaurant in October.
Majestic announces festive sales boost
Wine retailer Majestic has said that its sales in the final quarter of last year were given a major fillip by the company’s largest ever day of trading on 23 December.
Majestic ‘getting back to what we do best’, new boss claims
Majestic is bringing back classic wines and “getting back to what we do well”, its new boss, John Colley, said as it unveiled its revamped range last week.
Majestic rolls out ‘Spotify-style’ wine fitting service across store estate
Majestic Wine has rolled out its ‘Spotify-style’ wine fitting service across its entire store estate, and is publicising it by giving away over a million bottles of wine to customers who take the test.
Majestic’s Ealing store to be redeveloped into housing
Majestic’s Ealing store, which is being sold to property developer A2Dominion, is set to be redeveloped as a 25 storey residential block of flats, if planning permission is granted.
Buyers circle Lay & Wheeler
With Majestic now sold off, buyers, reportedly including the part-owner of BI Wines & Spirits, are now circling another of Naked Wines’ divisions being off-loaded – Lay & Wheeler.
Majestic Wine sold to equity firm for £100m
Majestic Wine has confirmed the sale of its commercial and retail business to asset management firm Fortress Investment Group for £100 million.