Kwik Save

Kwik Save was a chain of stores in the United Kingdom which are closed down permanently since 2007. It was a discount store brand which offered own brand items for cheap prices in low-income places. It shut down because of competition from Asda, Tesco and Sainsbury's making their own cheap brands, and because of Lidl, Aldi and Netto becoming bigger and expanding in the UK. Kwik Save was brought back in 2012 by Costcutter. A lot of the old shops were sold to FreshXpress, a chain of stores similar to Kwik Save which also closed down in 2008, and the abandoned Kwik Save shops became popular to explore by urban explorers.

History

Kwik Save was formed under the name Value Foods in Wales by Albert Gubay in 1959. Shops started being known as Kwik Save DIscount around 1967. Kwik Save was sold for $28 million in 1973 by Albert Gubay, and in 1998, Kwik Save merged with Somerfield.

References

  1. ↑ "Why Kwik Save couldn't be saved". The Grocer. 9 June 2007. Retrieved 30 October 2009.
  2. ↑ "FreshXpress limps on as nine stores". The Grocer. 7 April 2008. Retrieved 30 October 2009.
  3. ↑ "The last FreshXpress shop closes its doors". The Grocer. 10 January 2009. Retrieved 30 October 2009.
  4. ↑ Dawson, Kristy (2024-02-15). "'Mummified pig' at derelict Kwik Save that has become antisocial hotspot". Chronicle Live. Retrieved 2025-12-12.
  5. ↑ Finch, Julia (5 July 2007). "The slow demise of Kwik Save". The Guardian. Retrieved 25 June 2012.
  6. ↑ "Strategy in Retailing: the Development of Kwik Save Group plc, Page 5" (PDF). Dr Leigh Sparks). 30 November 1988. Archived from the original (PDF) on 30 July 2007. Retrieved 30 November 2008.
  7. ↑ "Albert Gubay, The World's Richest People". Forbes. Retrieved 30 November 2008.
  8. ↑ "Kwik Save weighs heavily on Somerfield results". FoodAndDrinkEurope.com (Decision News Media SAS). 9 April 2003. Retrieved 5 May 2007.