All First Quench articles
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NewsKPMG earns £11.3m fees from First Quench collapse
Accountancy firm KPMG earned fees of £11.3m from the administration of off licence group First Quench.
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NewsJust a third of former First Quench stores trading as off licences after collapse
Just one year after the collapse of Threshers owner First Quench Retailing, only a third of the stores are trading as off licences.
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NewsRetailers among firms fined £225m for tobacco price fixing
Nine retailers are among 12 businesses fined £225m by the Office of Fair Trading for collusion on tobacco prices between 2001 and 2003.
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NewsThresher franchisees to negotiate with landlords on shops
First Quench administrator KPMG is offering the majority of the Threshers franchisees the chance to negotiate directly with landlords for new leases on their shops.
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NewsFirst Quench brands sold to property firm
The off-licence brands Threshers, Victoria Wine, Bottoms Up and The Local have been bought by property investment and consultancy firm SEP Properties.
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NewsTaxman biggest loser from First Quench collapse
The taxman has emerged as the biggest loser from the collapse of Threshers owner First Quench Retailing, as it owes £13.7m in unpaid alcohol duty.
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NewsTalks under way for sale of First Quench brands
First Quench Retailing administrator KPMG is in discussions to sell off the remaining brand names of the defunct off-licence chain.
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NewsAnother raft of First Quench outlets offloaded
The administrator of First Quench Retailing has sold a further parcel of shops to off-licence chain Rhythm & Booze and is in negotiations with individual franchisees about transferring leaseholds.
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NewsFirst Quench to close a further 391 shops and sells off two small groups of the business
First Quench Retailing administrator KPMG has announced the closure of a further 391 shops, while selling off two small chunks of the business.
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NewsWine Rack brand sold to wholesaler
First Quench Retailing administrator KPMG has sold the Wine Rack brand and 13 shops to wholesaler Venus Wine & Spirit Merchants.
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NewsThreshers pension fund assessed for protection
The First Quench Retailing pension scheme could be passed to emergency agency the Pension Protection Fund in the wake of its administration.
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News381 further First Quench shops to close, making 1,908 redundancies
The administrator to Threshers owner First Quench Retailing has announced the closure of a further 381 stores, resulting in 1,908 shop staff redundancies.
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NewsMajestic Wine ‘optimistic’ as six-bottle initiative lifts sales
Wine specialist Majestic Wine is “optimistic” about Christmas trading after reporting a better than expected UK interim like-for-like sales rise.
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NewsFormer owners could face Threshers liability
Punch Taverns and Whitbread could be forced to take over Threshers stores in the wake of its parent First Quench Retailing falling into administration.
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NewsFranchisees demand a say as buyers eye First Quench
Trade buyers are among the frontrunners to buy the largest chunks of First Quench Retailing as the indicative deadline for offers closes today.
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NewsThreshers franchisees form action group
Updated: 55 of the 65 Threshers’ franchisees have formed an action group to resist being bought by a buyer they view as “unfavourable”.
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OpinionThe customer is king
The administrator to Threshers owner First Quench has started shutting stores. If the retailer had listened to customers, would it have collapsed in the first place?
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NewsPotential buyers eye First Quench stores after group’s administration
Trade buyers and private equity groups are circling collapsed Threshers owner First Quench Retailing as the deadline for bids draws near.
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Opinion
What next for First Quench?
The ferocious discounting from the supermarkets has done the likes of Threshers very few favours
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NewsPotential buyers circle Threshers owner First Quench
Rival off-licence chains and private equity groups are understood to be circling collapsed drinks retailer First Quench.