GK wrote:
Not to make promises I can’t keep.
It's not only VAT:
It's not good, when the hit comes, it will be more than 2.5% for the VAT element. General & National Retailers are already talking 8% to cover establishment and logistic costs borne and suffered this last quarter,and overly generous Xmas marketing to generate traffic.
To capture the £6.99 £8.99 £11.99 the price postions:
We may see a reduction in quality as retailers try and maintain a bench mark for perceived price, and price to quality positioning. This all bodes rather badly for lovers of french wines - for the rest of the world - the labels and bottles may get fancier - what's inside though, counts for everything.
Moving up the scale a bit, to smaller producers and finer wines:
Lets hope I'm wrong - howver the last upscale Burgundy deals I bought were in January 2009 before the wholesale hike. Other odd bits and left-over burgundy stuff bought, has been clearance and in store changes to stocking policy
I hope I'm wrong.
W'ell have to harness GK for the promo's