The Wine Merchant issue 77

Page 1

THE WINE MERCHANT. An independent magazine for independent retailers

Issue 77, February 2019

Cat of the Month: Links Bentley’s, Ludlow

Meet Brigitte Bordeaux

Kathryn Stead says goodbye to teaching to start a career in wine: page 20

Independents: a £560m category The independent trade is now worth just under £560m, according to findings in this year’s Wine Merchant reader survey. Although the figure represents an

all-time high for specialist indies, and

comes at a time when store numbers are

continuing to set new records, the total is

just 2.5% above that registered in the 2018 survey.

Per business, average revenue now

stands at just over £832,000, down from

just over £869,000 last year. The median

figure is £435,000, not far off the £431,500 recorded last year.

The figures equate to takings of around

£612,500 per shop, down from £634,700

in the 2018 study. The numbers illustrate that independents have largely struggled to make progress in the past 12 months

and that the growth in the category is

essentially being driven by the contribution of new arrivals and new stores.

This year’s reader survey, organised in

partnership with Hatch Mansfield, had a record response, with 189 independent wine businesses taking part.

• Full survey analysis begins in our March edition.


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