Majestic Wine has taste for expansion as agent appointed

Majestic Wine has appointed Jackson Criss as sole retained agent to support its expansion across the UK.

The wine retailer – which currently has over 200 stores across the UK – has identified a pipeline of 100 new potential locations and is targeting a minimum of 12 new sites a year going forward.

Jackson Criss will be assisting Majestic Wine in finding prominent sites spanning between 2,500 sq ft and 5,000 sq ft with dedicated parking in roadside, retail park, and edge of high street locations.

The retailer is also renewing its focus on inner London, where it will be rolling out a new small format store after successful trials in Crouch End and Harpenden. These stores may be as small as 1,500 sq ft and do not require dedicated parking if there is good nearby availability.

John Colley, Majestic Wine CEO, said: “Experiential, bricks-and-mortar retailing is at the heart of what we do at Majestic, and we are committed to opening up to one new store per month during the coming years to help us reach even more customers across the UK.

“In addition to the new stores already in our pipeline for this year, we have identified more than 100 locations across the UK and the Channel Islands that we believe would be a perfect fit for Majestic.”

Dan Turner, partner at Jackson Criss, added: “It has been great working with Majestic on their recent acquisitions, and our team is excited to continue helping a best-in-class retailer grow their estate and invest further in brick and mortar.”