Aug 11, 2024
John Lewis-based flooring firm enters administration
A flooring business which traded out of John Lewis stores has gone into administration and is being wound down, with almost 200 staff losing their jobs. The Floor Room, which sold carpets, laminate and other types of flooring, closed its concessions in 34 John Lewis shops with "Immediate effect" after administrator's PricewaterhouseCoopers were appointed on Friday. John Lewis told the BBC that, while it did not own the company, it was "Working urgently to understand what this means for The Floor Room's customers and colleagues". Adam Seres, joint administrator at PwC UK, said the Floor Room, which was founded only last year, depended on its sister company Carpetright for much of its operations and support services. Mr Seres said the Floor Room's management were unable to secure funding or find a buyer following Carpetright's insolvency, and the company's "Financial position meant it was impossible for the business to continue trading".
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