Search

Wapping's Wine Rack to go

PUBLISHED: 15:00 25 November 2009 | UPDATED: 15:17 05 October 2010

WORKERS at an East End liquor store are to lose their jobs under plans to close hundreds of Thresher and Wine Rack chains across the country. Wine Rack in Garnet Street, Wapping is due to be closed by December 16 after administrators to its owner Firs

WORKERS at an East End liquor store are to lose their jobs under plans to close hundreds of Thresher and Wine Rack chains across the country.

Wine Rack in Garnet Street, Wapping is due to be closed by December 16 after administrators to its owner First Quench announced that 381 stores will be shut across its brand.

The move will affect six workers at the store in Wapping but there will be 1,908 redundancies across the country.

This follows the announcement earlier this month 373 loss-making stores were to close following KPMG's initial review of the business.

First Quench, which also owns Bottoms Up, Haddows, a Scottish chain, and The Local, went into administration on October 29, after being hit by cut-price supermarket competition.

Stocks of wines and spirits are being sold off at a discount from November 24 at the store in Wapping.


If you value what this story gives you, please consider supporting the East London Advertiser. Click the link in the orange box above for details.

Become a supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Latest from the East London Advertiser