A MAJOR furniture giant has snapped up 19 former Carpetright Stores after closures. Bensons for Beds has swooped in to rescue 19 former Carpetright stores from the jaws of collapse. 4 Carpetright has been forced to close many of it's store after a retail collapse 4 Bensons for Beds has saved 19 of the bankrupted company's stores The bed specialist is not only expanding its empire but also pledging to offer new job opportunities for ex-Carpetright staff, giving them a potential new lease on life.
The move comes after Carpetright, once a carpet retail titan, tumbled into administration last month. The company was left reeling from weak demand and a devastating cyber attack that hit hard in April. With a workforce of 1,852 and 273 stores across the UK, Carpetright’s downfall was swift and severe.
After Carpetright's administration, rival company Tapi wasted no time snapping up the brand, intellectual property, 54 stores, and two warehouses. It's understood that Tapi is was the only competitor to have offered a deal that involves rescuing both jobs and stores. However, the deal could not save the majority of the business, including its head office in Purfleet, Essex.
Jeevan Karir, managing director of Tapi Carpets & Floors Limited, said: "Our goal, initially, was to try to save all of Carpetright. Most read in Money THREE'S A CROWD Celtic 'ready to enter transfer market' but only if fringe players leave SOCIAL STORM Premiership star's social media account shares Tommy Robinson .