On Air NATHAN COOPER

Olly Murs: Kiss MeiTunesAmazon

Aylesbury Carpetright store escapes closure

carpet

Published by the Mix96 News Team at 8:44am 12th April 2018

Aylesbury's Carpetright will stay open as the struggling chain shuts 92 stores

Carpetright has said it is closing 92 stores which will result in 300 job losses as it fights for survival under a sweeping restructure.

While the Aylesbury, High Wycombe, Bletchley, and Dunstable stores escape closure it's not such good news for Bicester, which is one of the stores earmarked to close.

The beleaguered retailer, which employs 2,700 people in the UK, said 11 of the sites earmarked for closure had already stopped trading.

Carpetright said it hoped to relocate affected staff - and said rent would be slashed on the other 113 sites under the rescue plan.

Wilf Walsh, chief executive of Carpetright, said:

"These tough but necessary actions will enable us to address the burden of a legacy UK property estate consisting of too many poorly located stores on unsustainable rents, and are essential if we are to restore our profitability and deliver a successful turnaround.

"We will remain in close contact with all colleagues to keep them fully informed as we move through this process."

Email Icon

Sign up for exclusive news, competitions and offers.
Proper Local News updates from Mix96

  

 

Trending on Mix96

Aylesbury teen tragically dies on family holiday

Tributes are pouring in for Charlie Dunne, who went to Aylesbury

Teens jailed for 17-year-old's manslaughter in Berkhamsted

Jordan Carter was going home to make pancakes with his mum, but never made it.

Aylesbury link road plans on display

Modified plans for the new Aylesbury South Eastern Link Road can be seen today in Stoke Mandeville.

Victim in life threatening condition after Aylesbury assault

A 30-year-old was attacked in Kingsbury last night (11/7)

Two big fires visible for miles in Aylesbury Vale

Seven crews had to tackle one in Kimblewick, while others were in Waddesdon.

More news...