CARPETRIGHT is on the brink of collapse, putting more than 1,800 jobs at risk reports the BBC.
The retailer has filed a notice of intention to appoint administrators while it tries to secure extra funding.
Advisory firm PricewaterhouseCoopers (PwC) has been lined up, but not yet appointed, to handle the administration of the company.
The company said it had “begun promising conversations with interested parties” and that its 272 stores would remain open for now.
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