Value home furnishings retailer Rosebys has made 32 redundancies, mostly at head office, after falling into administration last week.
KPMG, which was appointed as administrator, said no store staff had been lost but that redundancies had been made at its headquarters in Hellaby, Rotherham.
It is thought that buyers and merchandisers were among the staff made redundant.
A KPMG spokeswoman said all stores had store closure signs in the windows and that stock levels were being run down. “It’s a case of preparing for the worst, while working towards the best,” she said.
The group has an annual turnover of£100 million and employs approximately 2,000 staff across its 280 stores, head office and distribution centre in Selby, North Yorkshire.
KPMG Restructuring’s Howard Smith, Richard Fleming and Mark Firmin were appointed as administrators.
Smith said: “In common with many retailers, the group has experienced difficult trading conditions, leading to continuing losses. Rosebys has recently sought to refinance, but this did not prove possible in the current economic climate. We are looking for offers for the whole or any part of the business.”
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