King Sturge has been appointed by administrator KPMG to Kwik Save to sell off its property assets. The Times. The Guardian

Kwik Save has 196 stores, of which 90 were closed when the chain entered administration on Friday.

This followed 81 store closures in May. Late on Friday, KPMG sold 56 of the firm's stores for £18m, saving 600 jobs, in a deal backed by Irish entrepreneur Brendan Murtagh.