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Carpetright’s Future Secured, But Over 1,000 Jobs Lost

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July 22, 2024
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Carpetright, a leading retailer in the flooring industry, has secured its future through a limited rescue deal. However, as a result, approximately 1,000 staff members have been made redundant. The deal, known as a “pre-pack administration,” allows a buyer to select specific assets to purchase. In this case, rival floorings retailer Tapi has confirmed its purchase of 54 out of Carpetright’s 272…

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