Stores under threat as furniture chain appoints administrators

550 jobs are at risk after furniture retailer Multiyork appointed administrators. The bulky goods and casual dining sectors have been highlighted as being under particular pressure because of their exposure to fragile consumer confidence and rising costs. Multiyork suffered trading losses and could no longer meet on-going liabilities, leading to its collapse. Administrators intend to complete all existing orders and will continue to trade the business "for a short period" as they look for a buyer. Duff & Phelps' Allan ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...