First Quench to close 373 stores

Administrators of First Quench Retailing have announced a further 35 job losses at head office and the closure of 373 loss-making stores which will result in 1,738 redundancies across the group which includes Threshers, Wine Rack, Victoria Wine and Bottoms Up. Stock is being sold off at a discount in these stores which will close between 25 November and 2 December or sooner if stock runs out.

The remaining stores are said to be trading well and it is hoped a buyer will be secured over the coming weeks.

Details of the stores to be closed are available on the company's website at www.threshergroup.com.