Troubled retailer to fight its case in Manchester
Beleaguered discount chain Kwik Save faces another showdown in the Manchester High Court tomorrow to save it from administration.

Last week, Kwik Save was granted an extension to prove it has secured sufficient funds to finance its future.

Tomorrow's court hearing will determine whether Kwik Save has managed to secure additional funding, which could still involve a pre-pack administration. However, Kwik Save could also ask the court for another extension. If an extension is granted or Kwik Save cannot prove it has funding in place, the grocer will be forced into administration.

Kwik Save's biggest existing investor, Irish property tycoon Brendan Murtagh, is understood to be trying to raise additional funds and is thought to want to rebrand Kwik Save as Freshxpress.

Kwik Save has endured a turbulent few weeks, in which it has closed 21 stores on top of the 79 shops it closed last month.

Kwik Save chief executive Paul Niklas declined to comment.

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