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    Off-licences hold major booze sale

    Banned
    A giant booze sale has begun after Threshers and Wine Rack stores earmarked for closure launched "very substantial" discounts.

    Fire sales at affected stores in the off-licence group First Quench - which also owns The Local, Haddows, Bottoms Up and Victoria Wine - come a day after administrators announced the closure of 373 outlets.

    The store closures will result in 1,738 redundancies.

    Products will be heavily discounted as administrator KPMG looks to run down stock levels as the stores head for closure towards the beginning of next month.

    It is understood administrators decided to launch the sale now to catch the start of the festive shopping season as consumers begin to stock up for Christmas entertaining.

    A spokeswoman for KPMG said the discounts would be "very substantial" although administrators were not revealing the exact level of discounting.

    First Quench collapsed into administration last month after struggling amid fierce competition for drink sales from supermarkets.

    KPMG said 247 of the First Quench stores being closed will trade until November 25, while a further 126 are to stay open until December 2.

    Administrators said the closures affected stores across First Quench's range of brands and regions.

    The firm currently operates around 1,200 stores across Scotland, England and Wales under its various brands and employs about 6,300 people. KPMG said the group's remaining stores were trading well and would continue to operate as normal until a sale of the business could be achieved.


    this may turn out to be good but i bet they dont drop the prices that much

    6 Comments

    Rep for the first link

    cw9652;6825044

    Rep for the first link



    ]first link:thumbsup:

    Charlie Scene;6825050

    ]first link:thumbsup:



    Thank god I know you!!

    (I did smile though)

    cw9652;6825054

    Thank god I know you!!(I did smile though)



    :whistling::-D

    Started a few days ago...
    probably all gone by now.

    list of stores
    firstquench.co.uk/Lis…pdf

    I already posted this last week

    ]http//ww…e-v
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