UK retailer Kwik Save did not confirm whether the discount chain is currently negotiating another cash injection when contacted today (4 December).

According to a report in The Sunday Times yesterday (4 December), the discount chain is currently negotiating a new cash injection as sales continue to decline. 

"We have no further comment to add at the moment," a company spokesperson told just-food.

The discount chain secured new financial backing of around GBP30m (US$56m) in October, when it also acquired another 45 stores from previous owners Somerfield.