Nosh in receivership; franchisees trade on
posted on 17th July 2017
Upmarket grocery chain Nosh has been placed in receivership, but two regional franchisees are trading on. The long-term impact of their franchisor's failure remains to be seen - a former Nosh outlet in Auckland's Mairangi Bay was converted into a New World under the same franchisee, but opportunities for such conversions are very site-specific.
A Nosh in Kerikeri and one Mt Maunganui trade as independently operated stores and are unaffected by the receivership.
Kerikeri owner David Whyman said he would still prefer to stay with the Nosh brand but hoped new owners would lead it in a better direction.
Last month, Nosh closed its Auckland stores ahead of a planned relaunch on June 26.
When the time came, different notices said the relaunch had been delayed until July 8.
The relaunch didn't happen on that day either.
No sign of activity - or stock - could be seen through the mostly covered windows.
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