KPMG Steps in to pick up Trashed Threshers
Teetering tipsy on the edge and finally falling into administration (the puns – there’s no excuse sorry)… First Quench (owner of Thresher, The Local and Wine Rack brands) could no longer stay standing yesterday. Fierce competition on the booze started its decline and potent shots delivered by the recession finally finished it off. KPMG has been brought in to catch the ailing retailer and hopes to sell the company as a going concern. The administrators hope to save as many of …
Teetering tipsy on the edge and finally falling into administration (the puns – there’s no excuse sorry)…
First Quench (owner of Thresher, The Local and Wine Rack brands) could no longer stay standing yesterday. Fierce competition on the booze started its decline and potent shots delivered by the recession finally finished it off. KPMG has been brought in to catch the ailing retailer and hopes to sell the company as a going concern.
The administrators hope to save as many of the company’s 6,500 jobs as possible.
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