Carpetright Faces Administration with 1,800 Jobs in Jeopardy

The UK flooring retailer seeks urgent investment to secure its future amid economic challenges and a recent cyberattack.

Carpetright has filed a notice of intention to appoint administrators, giving it 10 days of protection from creditors.
The company employs 1,852 people across 272 stores in the UK, all of which continue to trade.
A cyberattack in April disrupted operations, complicating restructuring efforts.
Parent company Nestware Holdings is in talks with potential investors to save the business.
CEO Kevin Barrett emphasizes the priority to minimize impact on customers and employees.