Business

‘We are confident our shelves will remain full,’ says Majestic Wine boss

‘We are confident our shelves will remain full,’ says Majestic Wine boss in rebuke to fears of a stock scarcity affecting the alcohol business

  • Drinks firms warned yesterday that the UK might face an alcohol scarcity
  • But Majestic Wine CEO John Colley says his agency has 20% extra stock than 2020
  • Figures from the ONS additionally revealed the scarcity of crisps in Britain is bettering










The head of Britain’s largest specialist wine retailer has insisted that his company’s shops will be totally stocked this Christmas regardless of the provision chain issues affecting the drinks sector.

John Colley, the chief government of Majestic Wine, mentioned that the agency had 20 per cent extra stock than it did final year, together with 1.8 million wine bottles in its warehouses, in anticipation of the excessive demand anticipated within the coming weeks. 

His feedback stand in stark distinction to a letter printed yesterday by the Wine and Spirits Trade Association (WSTA) and co-signed by dozens of corporations, which warned that the nation might face an alcohol scarcity throughout the festive season.

Majestic Wine’s boss mentioned his company’s ‘shelves will remain full’ this Christmas regardless of provide chain issues affecting the alcohol sector

The letter warned that except the HGV driver disaster and disruptions within the freight business have been sufficiently addressed, sure tipples might disappear from grocery store shelves, and drinks companies would lose important commerce.

It urged the UK Government to increase the incoming momentary visa scheme for lorry drivers to a minimum of one year, enhance freight routes from ports, and supply common updates on the processing of HGV exams and driving licences. 

Majestic Wine was not one of many signatories to the letter and has largely bypassed the issues affecting the alcohol sector, although it warned earlier this year that it was experiencing hassle with freight arriving from Europe.

Colley mentioned: ‘This Christmas would be the year we see different areas rise in prominence within the face of shortages in sure areas.

‘For occasion, we are anticipating file South African and English Sparkling gross sales – instead of New Zealand and Champagne respectively.

‘With the additional stock we are bringing in and the give attention to intuitive sourcing from up and coming areas, we are confident this will imply, at Majestic a minimum of, our shelves will remain full.’

A letter by the Wine and Spirits Trade Association warned that the UK could face an alcohol shortage this Christmas, unless the Government dealt with the shortage of HGV drivers

A letter by the Wine and Spirits Trade Association warned that the UK might face an alcohol scarcity this Christmas, except the Government handled the scarcity of HGV drivers

His remarks come on the identical day {that a} survey from international analysis group Kantar Public on behalf of the Office for National Statistics (ONS) appeared to indicate the British crisps scarcity was easing. 

A fifth of outlets mentioned they’d low provides of multi-packs of crisps, in comparison with 30 per cent the week earlier than – although 4 per cent of shops revealed they’d no stock by any means.

The shortage has its origins in well-liked snack meals producer Walkers lowering manufacturing at its Leicester manufacturing facility, following technical points arising from the positioning’s IT system being upgraded.

Though the IT downside was ultimately fastened, it led to decrease availability of shopper favourites akin to Monster Munch, Quavers and Wotsits, and in some circumstances, grocery store shelves that have been nearly empty of crisps.

Supply issues: A fifth of shops said they had low supplies of multi-packs of crisps compared to 30 per cent the week before according to the Office for National Statistics

Supply points: A fifth of outlets mentioned they’d low provides of multi-packs of crisps in comparison with 30 per cent the week earlier than in keeping with the Office for National Statistics

Many shops additionally reported being affected by shortages of painkillers Ibuprofen and Paracetamol, in addition to recent pork and frozen turkey, whereas just a few retailers reported missing beer, recent fruit and toothpaste.  

Supply chain issues have been widespread in Britain and elsewhere as companies modify to shifts in shopper demand, in addition to the provision of staff following the Covid-19 pandemic and, in Britain’s case, Brexit. 

The ONS mentioned 14 per cent of companies it surveyed reported labour shortages in late November, an identical degree to the month earlier than. 

This rose to 38 per cent within the lodging and meals companies sectors, which shed many employees throughout the pandemic and beforehand relied closely on European Union staff. 

The Bank of England is wanting carefully on the job market for indicators of pay pressures – or, conversely, larger unemployment after the tip of furlough help on October 1 – because it considers whether or not to boost rates of interest on December 16.

Earlier official knowledge confirmed a file 1.17 million job vacancies within the three months to the tip of October. 

Thursday’s knowledge confirmed the amount of on-line job adverts was 44 per cent above its pre-pandemic degree, the identical because the week earlier than, whereas shopper spending on credit score and debit playing cards was 3 per cent larger than earlier than the pandemic, on a non-seasonally adjusted foundation. 

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