Majestic Wine announces store closure plan

Majestic has also put the 2019 dividend under review.

Majestic Wine chief Rowan Gormley (PA)

By Ravender Sembhy, Press Association City Editor

Majestic Wine is to embark on a store closure plan as part of a wider transformation that will see the group stomach extra costs.

The specialist wine retailer did not specify the number of outlets it will close but boss Rowan Gormley said he has “no choice”, adding that he will aim to “minimise job losses”.