Niklas says supplier relationships a priority
Budget grocer Kwik Save has concluded its refinancing deal.

A consortium of investors, led by chairman and chief executive Paul Niklas, has finalised a rescue package for the retail chain.

Niklas said: 'My priority is to ensure that stores are stocked to an acceptable level at the earliest opportunity and therefore my priority will be building relationships with suppliers.'

Details of the refinancing package have not been disclosed by the retailer.

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