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Oddbins off-licence chain calls in administrators

The Oddbins off-licence chain has gone into administration, putting hundreds of jobs at risk.
Administrator Duff & Phelps (D&P) has been appointed to run the business while they attempt to find a buyer.
Oddbins' owner European Food Brokers (EFB) blamed tough High Street conditions and economic uncertainty created by Brexit for the situation.
Oddbins has about 45 outlets. Other brands affected include Wine Cellar Trading and Whittalls Wines Merchants.
D&P said EFB has about 550 staff and 101 off-licences, but could not confirm exactly how many Oddbins' shops and staff were affected.
But the D&P statement said that "EFB continues to trade and is not an entity that has entered into administration".
Phil Duffy, joint administrator, said Oddbins was a victim of tough times on the High Street, with a decline in consumer spending pointing to a squeeze on household finances.
"Add into that mix rising business rates and rents, and traditional bricks and mortar retailers are undoubtedly feeling the strain." he said.

https://www.bbc.co.uk/news/business-47085479
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