Carpetright in administration placing as much as 3,000 jobs in danger

Major retailer Carpetright has gone into administration putting all of its 272 stores and up to 3,000 jobs at risk. 

The firm has appointed PricewaterhouseCoopers (PwC) as administrators as it looks to secure the long-term future of the company. 

It comes after it was revealed earlier this week that Carpetright had been put up for sale. 

Today the company, which is one of the country’s biggest floor-covering retailers, filed a notice of intention to go into administration at the High Court.

This will give Carpetright ten days of protection as it continues to look for a buyer. 

Major retailer Carpetright has gone into administration putting all of its 272 stores and up to 3,000 jobs at risk

PwC had already been working with the retailer to secure the additional money needed to keep trading. 

The decision comes after a software attack in April that disrupted trade and increased financial pressures. 

Hackers targeted he company HQ in Purfleet, Essex, sending malware to gain unauthorised access.

Carpetright’s network was taken offline due to the cyber attack but bosses insisted that the virus was isolated before any data was swiped.

Staff and hundreds of customers were affected by the malicious virus with employees unable access their payroll information.

A source told The Sun at the time: ‘Some staff networks were taken down including the portals that workers use to book time off and look at payslips.

‘It happened abruptly and was worrying because customers couldn’t get through to helplines.

‘Everything at HQ was taken offline as that was the best way to stop the attack spreading to customer data.’

This is a breaking news story – more to follow