Wine retailer Majestic has unveiled plans to expand into the Channel Islands as it doubles down on its investment into bricks and mortar growth.
The retailer will open for business in The Powerhouse, on Queen’s Road, Jersey, on 30th April, marking both its Channel Islands debut and the first store opening of its 2024/25 financial year. Majestic has agreed a lease on the 5,695 sq ft unit, which is owned by Jersey Electric Company.
Majestic’s expansion into Jersey represents another vote of confidence from the retailer and its owner, Fortress Investment Group, in experiential retail and hospitality offerings. Just last week, Majestic acquired Vagabond Wines out of administration, bringing nine wine bars into its portfolio and saving 171 jobs.
During its 2023/24 financial year, Majestic launched six new stores across England and Wales, opening branches in Rugby, Newark, Chippenham and Monmouth, plus two small-format shops in Crouch End and Marlow. The retailer has ambitions to open up to one new store per month over the coming years as it accelerates its bricks and mortar expansion.
Majestic CEO John Colley (pictured) said: “We’ve had our eyes on Jersey for a number of years as part of our growth plans, so we are delighted to be opening a brand new store on the island. We can’t wait to welcome the people of Jersey, share our expert knowledge and help them discover new wines, beers and spirits they will love.
“Expanding outside of mainland UK and onto the Channel Islands is an incredibly exciting milestone for us in our growth strategy – one that underscores our ongoing commitment to investing in bricks and mortar retail. This is the first of many new store openings we have planned this year and we’re looking forward to welcoming even more new customers into the Majestic family.”
