The picture emerging from Britain's high streets is of a mixed Christmas and New Year. While some companies are reporting better-than-expected like-for-like sales compared with 2004, others have issued profits warnings, and there are fears that business in the first few days of the New Year have been very slow. Majestic Wine, however, did better than most by increasing its like-for-like sales by 5.2% in the nine weeks from 1 November to 2 January.
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