Majestic Wine had a very merry Christmas

Shareholders in wine merchant Majestic Wine were popping corks after an update on Christmas trading showed UK store sales had risen more than 8%.

Shareholders in wine merchant Majestic Wine were popping corks after an update on Christmas trading showed UK store sales had risen more than 8%.

Total UK store sales, excluding VAT, were up 8.4% for the nine weeks of Christmas trading from 1 November 2011 to 2 January 2012, underpinned by like-for-like (LFL) UK store sales growth of 4.0%.

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