Category: Carpetrights
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Carpetright’s future secured but at least 1,000 jobs lost in limited rescue deal
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Carpetright’s future was partly secured through the rescue deal, but the move resulted in the loss of more than 1,000 jobs. Tapi, a rival flooring retailer, bought 54 of Carpetright’s 272 stores and two warehouses through a pre-pack administration, which allows for selective acquisition of assets. The deal retained 308…