The owner of furniture chain Harveys has called in administrators with the immediate loss of 240 jobs. Around 20 Harveys stores could be closed if the administration process goes badly.
Bensons for Beds, which is part by Harveys' owners Blue Group, will also see around 50 of its outlets close, leaving between 150 and 175 open.
The company is the latest to suffer a serious downturn in sales amid the coronavirus pandemic. It is feared that hundreds more people who work at Harveys could soon find themselves unemployed.
Blue Group formally appointed PricewaterhouseCoopers as administrator on Tuesday. The move leaves the future of Harveys hanging in the balance, with PwC looking for buyers for the business and its three manufacturing plants.
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