Blog: Baker eyes First Quench stores
Olly Wehring | 12 November 2009
Bizarrely, it was confirmed to just-drinks today (12 November) that Greggs, yes the baker, is interested in buying around 100 Threshers stores from the collapsed First Quench Retailing group.
It seems First Quench is now nearing its bid deadline after collapsing into administration last month, and it has certainly attracted a lot of attention.
According to administrators KPMG, the company has had “stacks of interest”, with Greggs just one of those. If the baker is successful I don’t think we can expect a sausage roll with each purchase of wine but more likely a conversion of the stores.
Whatever the outcome, with bids in tomorrow, we expect to learn more next week…
You can find the latest news on First Quench Retailing by clicking here.
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