Type
Closure
Country
United Kingdom
Region
North East; Northumberland and Tyne and Wear; Sunderland
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

200 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2005
Employment effect (start)
Foreseen end date

Description

Bleak conditions on the high street has forced Sunderland-based furniture chain Durham Pine collapsed into administration putting 200 jobs at risk. The 21-year-old retailer, which has 31 outlets will continue to trade while accountants from PricewaterhouseCoopers attempt to find a buyer for the business. The furniture sector has been hit hard by the decline in consumer confidence and the end of the housing market boom.


Sources

  • 19 October 2005: The Guardian

Citation

Eurofound (2005), Durham Pine, Closure in United Kingdom, factsheet number 62413, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62413.