Companies / United Kingdom
Where Now For Kwik Save?
June 2007 | Company News AlertUK discount retailer Kwik Save now appears destined for administration, having been given just one week to secure refinancing. The company is still hopeful of securing a deal whereby some of its best-performing stores can remain operational under new management, but the prospect of rescue now seems remote due to the company's inherent structural problems and the fierce level of competition in the UK grocery retail sector.
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