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