Oak Furnitureland to close 27 showrooms

The hardwood furniture business – which has a showroom at the Ocean Retail Park in Burrfields Road, Copnor – announced restructuring plans a month after it was rescued from collapse in a pre-pack administration deal.

It said it has now earmarked 27 of its 105 stores for closure as trading conditions ‘continue to be challenging’. It has not yet revealed which are at risk.

Oak Furnitureland chief executive officer Alex Fisher said: ‘The current proposal to close some showrooms forms part of a company-wide review that we are undertaking as a business.

‘We are committed to driving forward a plan for our future growth, and although this has been a difficult decision, it is the right one for the business in these uniquely challenging times.

‘We are confident that the decision will ensure we remain a competitive and dynamic choice for our customers.

‘I would like to say thank you to all of my colleagues in every department who have been endlessly committed and patient during this process.’