Furniture retailer Made.com to enter administration
by Zoe Wood from World news | The Guardian on (#65H9H)
About 500 jobs expected to be lost and thousands of customers nervously await refunds
The online furniture retailer Made.com's dream of becoming the new Ikea" will die tomorrow when administrators are appointed, triggering about 500 job losses and leaving thousands of customers in the lurch.
It will complete a fall from grace for the London-based company which was valued at almost 800m when it listed on the stock exchange in summer 2021 and was vaunted as the future of furniture retail.
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