Oak Fur­ni­ture­land to close 27 stores for good

The Daily Telegraph - Business - - Business -

Oak Fur­ni­ture­land is to per­ma­nently close 27 show­rooms, putting 163 jobs at risk in the lat­est blow to the UK high street. The hard­wood chain an­nounced its lat­est re­struc­tur­ing plans a month af­ter it was res­cued from col­lapse in a pre-pack ad­min­is­tra­tion deal. It said the busi­ness had sta­bilised since stores re­opened in June, but the re­tail en­vi­ron­ment re­mained “chal­leng­ing”.

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