Carpetright Filed a Notice of Intent Last Month to Appoint Administrators | |
Carpetright filed a notice of intent last month to appoint administrators. The retailer, with 272 UK stores and 1,800+ staff, including three in Southampton, is seeking emergency funding or a rescue buyer. The company faces weaker demand for carpets as consumer preferences shift towards hard flooring. Additionally, a significant cyberattack in April disrupted operations. Despite the challenges, Carpetright’s stores remain open and continue to trade normally. Filing a notice of intent grants the company around 10 days to find a solution and avoid insolvency. | |
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Target Nation: All Nations Target City : Norwich Last Update : 05 August 2024 8:59 AM Number of Views: 26 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002465895 |
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