Axminster Carpets

Type
Bankruptcy
Country
United Kingdom
Region
South West (England); Devon; Devon CC
Location of affected unit(s)
Axminster, Buckfast
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.53 - Retail sale of carpets, rugs, wall and floor coverings
300 jobs
Number of planned job losses
Job loss
Announcement Date
5 March 2013
Employment effect (start)
Foreseen end date

Description

Carpet retailer Axminster Carpets has announced that it is to cut 300 jobs as the company went into administration.  The job losses were made with immediate effect on Tuesday.

Sources

  • 5 March 2013: The Guardian
  • 5 March 2013: BBC

Citation

Eurofound (2013), Axminster Carpets, Bankruptcy in United Kingdom, factsheet number 75070, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75070.