Carpetright has confirmed plans to close 92 stores with the potential loss of 300 jobs in a restructuring process designed to stave off administration.
Carpet right administration.
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This administration does not affect the wholesale and online business the crr reports.
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The 265 year old firm a supplier of carpets to the royal family appointed duff phelps as.
Carpetright has 350 uk stores and an extensive online range of carpets vinyl laminate rugs and beds.
Tim cooper oliver sweeney s chief executive and cobbler in chief will continue to lead the company.
The court approved scheme of arrangement which saw lender meditor.
Carpetright has revealed the resignation of its chair bob ivell as the retailer returned to private ownership after 26 years.
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Axminster carpets has collapsed into administration after weeks of trying to secure a rescue deal.
Carpetright s biggest shareholder has bought the retailer for 15 2m boosting the hopes of its 3 000 plus employees.
Carpetright and its associated companies always aim to give you the best possible value and service.