EXCLUSIVE by STEVEN DOWNES
The majority of Coughlans bakers’ shops will be re-opening under a new name, after liquidators took less than a month to find a buyer for the long-established Croydon business.

Fresh start: Coughlans closed up shop a month ago, sending text messages to tell staff they had lost their jobs
The 175 Coughlans staff who were notified that they were being made redundant by text message, will be welcome to apply for their old jobs, according to a statement released to Inside Croydon.
West Country-based Janes Bakery Ltd has bought the previously family-run business, which first traded from a corner shop in Thornton Heath in 1937. The liquidators declined to reveal the price paid to acquire the business.
Nor were they able to say which of the 31 Coughlans branches across south London, Surrey and Sussex would not be re-opening under new management. A spokesperson for the liquidators suggested that 25 former Coughlans shops will re-open, having closed their doors on July 1 due to the voluntary liquidation. Continue reading

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