Majestic profits fall
Majestic could be about to ditch its six bottle minimum order size in a bid to boost profits which fell by almost a quarter to £18.4million. The new chief executive Rowan Gormley who founded Naked Wines has devised a rescue plan in the hope of restoring the business. As part of the plan they will be testing ditching the minimum 6 bottle order rule and revamping stores to be less like warehouses. So just like an ordinary off-licence then?