Carpetright closing: Fate of Nottingham stores confirmed as Carpetright announces 213 closures

Nottingham’s two Carpetright stores are among the 213 across the UK set to close after a limited rescue deal with a rival business was reached. 

The multi-million pound deal, which was announced on Monday (July 22), includes 54 stores, the Carpetright brand name and intellectual property. 

The rescue package, struck by rival floorings retailer Tapi, will save around 300 jobs but leave more than 1,500 people redundant due to the closure of 213 stores. 

Earlier this month struggling Carpetright appointed administrators PwC to provide a resolution. 

Among the 213 stores to close are Nottingham’s Arnold and Castle Meadow sites. 

Administrators PwC say that Carpetright has experienced challenging trading conditions over recent months, predominantly due to changing consumer preferences and a drop in home improvement spending post-pandemic.

Zelf Hussain, Joint Administrator and Partner at PwC UK, said: “Carpetright has fallen victim to challenges facing many retailers, especially those selling big ticket items. 

“A mixture of factors, including a big reduction in consumer spending due to cost of living pressures, lower home sales and a debilitating cyber attack made it impossible for the business to continue in its current form.

“The sale of some stores and the brand to Tapi has allowed over 300 jobs to be saved, and gives the Carpetright brand the chance to continue and flourish under its new ownership.

“However, it is deeply saddening that for the remainder of the workforce there will be redundancies. 

“We are committed to helping those affected and will make sure redundancy claims are processed as quickly as possible. 

“In collaboration with Tapi, we will assist in efforts to help individuals find new jobs elsewhere. 

“We know this is an uncertain time for many of those affected and want to thank all the staff for the support they have given the company in these difficult circumstances.”