Carpetright To Close After Retailer Collapses

The Carpetright store in Market Harborough is closing and all staff will be made redundant after the company collapsed into administration.

The Rockingham Road branch is one of more than 200 to be shut nationwide, with over 1,000 job losses.

Carpetright in Market Harborough

Administrators PwC have announced the stores will close ‘with immediate effect’.

Rival flooring retailer Tapi has agreed to buy over 50 Carpetright stores, but the Market Harborough branch is not included in the deal.

Zelf Hussain, Joint Administrator, said: “Carpetright has fallen victim to challenges facing many retailers, especially those selling big ticket items.

“A mixture of factors, including a big reduction in consumer spending due to cost of living pressures, lower home sales and a debilitating cyber attack made it impossible for the business to continue in its current form.

“The sale of some stores and the brand to Tapi has allowed over 300 jobs to be saved, and gives the Carpetright brand the chance to continue and flourish under its new ownership.

“However, it is deeply saddening that for the remainder of the workforce there will be redundancies. We are committed to helping those affected and will make sure redundancy claims are processed as quickly as possible. In collaboration with Tapi, we will assist in efforts to help individuals find new jobs elsewhere.

“We know this is an uncertain time for many of those affected and want to thank all the staff for the support they have given the company in these difficult circumstances.”

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