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“We are confident that the shelves will be full,” says the Majestic Wine boss.

The head of the UK’s largest wine retailer claimed that his company’s stores were fully in stock this Christmas, despite supply chain issues affecting the beverage sector.

In anticipation of high demand expected in the coming weeks, Majestic Wine CEO John Coley said the company’s inventory is 20% higher than last year and there are 1.8 million wine bottles in its warehouse. rice field.

His comments are in stark contrast to a letter issued yesterday by the Wine and Spirits Trade Association (WSTA) co-signed by dozens of companies warning that the country may face alcohol shortages during the festive season. is.

Majestic Wine’s boss said his company’s “shelf will remain full” this Christmas, despite supply chain issues affecting the alcohol sector.

The letter warned that if not adequately addressed by the HGV driver crisis and the turmoil in the freight industry, certain ripples could disappear from supermarket shelves and the beverage business could lose significant trade.

Requested the UK Government to extend the temporary visa system for truck drivers to at least one year, improve freight routes from the port and provide regular renewals for HGV testing and driver’s license processing. ..

Majestic Wine was not one of the signatories of this letter and largely avoided issues affecting the alcohol sector, but warned earlier this year that there was a problem with the arrival of cargo from Europe.

Collie said: “This Christmas may be a year in which other regions will stand out in the face of shortages in one region.

“For example, we expect record sales of sparkling in South Africa and the United Kingdom instead of New Zealand and champagne.

“We are confident that the shelves will be full, at least for Majestic, by focusing on the additional inventory we bring in and the intuitive sourcing from up-and-coming regions.”

A letter from the Wine and Spirits Trade Association warned that the UK could face an alcohol shortage this Christmas unless the government addresses the shortage of HGV drivers.

A letter from the Wine and Spirits Trade Association warned that the UK could face an alcohol shortage this Christmas unless the government addresses the shortage of HGV drivers.

His remarks were made on the same day that the shortage of potato chips in the United Kingdom showed signs of mitigation, according to a study by Kantar Public, a research group representing the National Bureau of Statistics (ONS).

One-fifth of the stores said they had less supply of potato chips multi-packs compared to 30% last week. However, 4% of stores revealed that they were out of stock at all.

This shortage is due to popular snack food maker Walkers reducing production at the Leicester plant following technical issues resulting from the site’s IT system upgrades.

The IT issue was eventually fixed, but it reduced the availability of consumer favorites such as Monster Munch, Quavers, and Wotsits, and in some cases, supermarket shelves with virtually no potato chips. Is no longer available.

Supply issues: According to the National Bureau of Statistics, one-fifth stores say they have less supply of potato chips multi-packs compared to 30% last week.

Supply issues: According to the National Bureau of Statistics, one-fifth stores say they have less supply of potato chips multi-packs compared to 30% last week.

Many stores also reported that they were affected by a shortage of painkillers ibuprofen and paracetamol, fresh pork and frozen turkey, but those that reported a shortage of beer, fresh fruit and toothpaste. It was very few.

Supply chain issues are common in the UK and elsewhere as companies adapt to changing consumer demand, the Covid-19 pandemic, and, in the UK, the availability of workers following Brexit. It is a target.

ONS said 14% of the companies surveyed reported labor shortages in late November, at the same level as last month.

This rose to 38% in the accommodation and food service industry, which lost a lot of staff during the pandemic and was previously heavily dependent on European Union workers.

The Bank of England carefully looks at the employment market for signs of wage pressure, or conversely, the rise in unemployment after the end of the layoff on October 1, when considering whether to raise interest rates on December 16. I am.

Previous official data showed a record 1.17 million jobs in the three months to the end of October.

According to data on Thursday, the volume of online job ads was 44% above pre-pandemic levels, as it was last week, but personal spending on credit and debit cards was 3% higher than pre-pandemic due to out-of-season. Adjusted criteria.

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“We are confident that the shelves will be full,” says the Majestic Wine boss.

https://www.dailymail.co.uk/money/markets/article-10242815/Our-stores-fully-stocked-Christmas-says-Majestic-Wine-boss.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 “We are confident that the shelves will be full,” says the Majestic Wine boss.

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