Rosebys to make redundancies

The Yorkshire textiles retailer which announced last month that it was going into administration has confirmed that there will be redundancies.

Rosebys, which has 280 stores and employs 2,000 staff, had initially said there were no planned job losses, and had managed to sell the brand name to its Indian parent company GHCL.

KPMG, the administrators to the company, has today announced however that it is to close a further 31 chain outlets and make 186 redundancies.

Howard Smith, Joint Administrator and KPMG Restructuring Associate Partner, said: 'It is with regret that we have had to close both the distribution centre in Selby and 31 more stores across the country. We anticipate further store closures next week, while we continue to have dialogue with a number of parties who are interested in either the whole or parts of the business.'

Among the outlets to close include, Hammersmith, Walthamstow, Liverpool and Edinburgh.

Further reading:

Rosebys appoint adminstrators from Leeds

Administrators sell Rosebys brand to parent company

Like this story? Spread the news by clicking below:

 del.icio.us     Digg this     reddit!