Rosebys has closed 10 of its stores, making a further 60 people redundant after slashing 32 head office jobs, as Retail Week revealed on Tuesday.
Rosebys has closed 10 of its stores, making a further 60 people redundant after slashing 32 head office jobs, as Retail Week revealed on Tuesday.
The value home furnishings retailer, which fell into administration last week, has received 45 expressions of interest in the business to date and is liaising with interested parties, according to administrator KPMG.
Howard Smith, joint administrator and KPMG Restructuring associate partner, said: “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.
“Closing some of the poorer performing outlets has been unavoidable to ensure trading remains at profitable levels.”
Rosebys’ outlets at Glasgow Sauchiehall Street, Glasgow Forge, Dunstable, Basildon, Swindon, Brighton, Wood Green London, Sutton Coldfield, Oldham and Leicester were closed on Thursday October 2 and the staff made redundant on Friday October 3.
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