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Carpetright plans to call in administrators, which would leave almost 2,000 jobs in the lurch.
The struggling flooring retailer, which has 272 stores and 1,852 staff in the UK, said a turnaround attempt suffered a major setback after a cyber attack in April.
Yesterday it filed a notice in the High Court to summon administrators (expected to be PwC) in its search for investments.
It now has ten days of protection from creditors and will continue to trade. Owner Nestware Holdings said it was in talks with interested parties and believed it had a “viable future”.
“We remain focused on securing outside investment,” said Kevin Barrett, head of the parent company.
On the brink: The struggling flooring retailer, which has 272 stores and 1,852 staff in the UK, said a turnaround attempt suffered a major setback after a cyber attack in April.
Reports suggest the company could be bought into a pre-packaged administration, where assets can be rescued by new owners without a lengthy administration period.
According to a report in The Times, administrators are in talks with The Floor Room, also owned by Nestware. They are said to have contacted Kingfisher, the owner of B&Q, as well as investment groups Alteri, Hilco and Gordon Brothers, according to reports.
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