Jobs under threat as retailer announces Wigan branch closure

The Wigan branch of a once booming retail store is set for closure just weeks after the company announced serious financial difficulties.

Thursday, 12th April 2018, 12:06 pm
Updated Thursday, 12th April 2018, 12:41 pm
Carpetright Robin Park
Carpetright Robin Park

Carpetright, on Robin Park, is to cease trading after the company revealed plans to close another 81 stores nationwide.

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The chain said that, overall, 92 sites had been earmarked for closure, although 11 have already stopped trading, with the rent on another 113 set to be slashed under the company voluntary arrangement (CVA) proposals being put to landlords.

Carpetright bosses say the company hopes to relocate staff where possible.

The group - which employs nearly 2,700 staff in total - also confirmed an investor cash-call to raise around £60 million through a rights issue to put the company on a firmer financial footing.