Oak Furnitureland to close 27 stores


Oak Furnitureland to close 27 stores

Oak Furnitureland will be closing 27 of its 105 stores permanently with around 160 job losses.

CEO Alex Fisher said: “The current proposal to close some showrooms forms part of a company-wide review that we are undertaking as a business. We are committed to driving forward a plan for our future growth, and although this has been a difficult decision, it is the right one for the business in these uniquely challenging times.”

Oak Furnitureland was acquired by Davidson Kempner Capital Management in June.

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