Only 400 Threshers Stores Have Reopened

Summary


A year after Threshers went bust, less than a third of its 1,400 stores have been reopened as off-licences, administrators said yesterday.

Only 400 of the stores were sold, with the majority being bought by small off-licence chains, and the other 1,000 returned to landlords, said accountancy giant KPMG, which is still working on the administration.

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Extract


Only 400 Threshers Stores Have Reopened

The national off-licence business model has...

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