melthebell Posted March 29, 2018 Share Posted March 29, 2018 (edited) The latest company on the brink of collapse is Conviviality, the owner of Bargain booze, Wine rack and Matthew Clarke. Sounds if it does go on there will be a massive knock on as it supplies more than 700 off licences and 23,000 pubs and restaurants across the country. This bit doesnt look good for Easter either Oo Pub chains with contracts to be supplied by Conviviality reported on Wednesday that key deliveries ahead of the Easter period had failed to show up. i believe they deliver to Wetherspoons too? https://www.msn.com/en-gb/money/companies/bargain-booze-owner-on-brink-of-collapse/ar-BBKPrFZ Edited March 29, 2018 by melthebell Link to comment Share on other sites More sharing options...
Guest Posted March 29, 2018 Share Posted March 29, 2018 I thought you literally meant the man himself was going to collapse, maybe drunk, by the way the thread title is worded. Link to comment Share on other sites More sharing options...
melthebell Posted March 29, 2018 Author Share Posted March 29, 2018 I thought you literally meant the man himself was going to collapse, maybe drunk, by the way the thread title is worded. maybe the stress of the debt made him do it. Link to comment Share on other sites More sharing options...
geared Posted March 29, 2018 Share Posted March 29, 2018 How have they managed to get in trouble?? They have huge clients and obviously shift lots of stock, has their retail arm sunk their bulk supply arm? Link to comment Share on other sites More sharing options...
peak4 Posted March 29, 2018 Share Posted March 29, 2018 How have they managed to get in trouble?? They have huge clients and obviously shift lots of stock, has their retail arm sunk their bulk supply arm? Reasonable article explaining things in the FT https://www.ft.com/content/bef01404-331b-11e8-ac48-10c6fdc22f03 Link to comment Share on other sites More sharing options...
26b-6 Posted March 29, 2018 Share Posted March 29, 2018 Its fantastic news that more and more pubs and off licenses are closing. Link to comment Share on other sites More sharing options...
EmmaJones76 Posted March 29, 2018 Share Posted March 29, 2018 Its fantastic news that more and more pubs and off licenses are closing. Yes its fantastic that people are being laid off and losing their livelihoods Link to comment Share on other sites More sharing options...
mafya Posted March 29, 2018 Share Posted March 29, 2018 Its fantastic news that more and more pubs and off licenses are closing. I’m opening another two off licences in the new tax year....:hihi: Link to comment Share on other sites More sharing options...
26b-6 Posted March 29, 2018 Share Posted March 29, 2018 Yes its fantastic that people are being laid off and losing their livelihoods Other industries are growing and if there is less alcohol consumption then this equals a more productive and happy society. This is one of the main reasons why Islamic and Jewish communities are more productive and progressive. Link to comment Share on other sites More sharing options...
Robin-H Posted March 29, 2018 Share Posted March 29, 2018 Other industries are growing and if there is less alcohol consumption then this equals a more productive and happy society. This is one of the main reasons why Islamic and Jewish communities are more productive and progressive. Globally? I'm not sure that's true. I don't know how it would be qualified on a more local scale. Link to comment Share on other sites More sharing options...
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