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Monday, 1st December 2008

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More redundancies for Rosebys staff.



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Published Date: 06 October 2008
MORE staff at a Hellaby-based soft furnishing firm have been made redundant.
Administrators confirmed on Friday that 32 redundancies have now been made at head office and merchandising positions at Rosebys.

And 10 stores have also closed - making 60 people redundant - none of these outlets are local.

The Hellaby Indus
trial Estate firm called in administrators on Friday 26th September.

Last week stores across the country were displaying closing down sale signs.

But administrators have since confirmed they have received 45 expressions of interest in the business to date, and are in talks with interested parties.

"There has been significant interest in this business, though a deliverable deal has not yet proved possible. We continue to seek offers for the whole or any part of the business, and are in discussions with a number of interested parties," said Howard Smith, joint administrator for KPMG Restructuring.

"Closing some of the poorer performing outlets has been unavoidable to ensure trading remains at profitable levels."

Outlets closed last Thursday included Dunstable, Basildon, Swindon, Brighton, Wood Green, Sutton Coldfield, Oldham, Leicester, Glasgow Sauchiehall Street and Glasgow Forge. Staff at these stores were made redundant on Friday.




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  • Last Updated: 06 October 2008 4:33 PM
  • Source: n/a
  • Location: Dinnington
 
 
  

 
 


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