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MFI makes closures announcement

MFI has announced the closure of 11 of its 195 showrooms, two factories in Scunthorpe and Stockton-on Tees, and three of its eight delivery depots.

The flat-pack furniture retailer has put the 29-strong Sofa Workshop up for sale.

The closure plans pave the way for a break-up of the group.

References: Financial Times 01/03/06 page 22, page 42 (FT Markets – London), The Times 01/03/06 page 50 (Need to know), page 58, The Daily Telegraph 01/03/06 page B4, The Guardian 01/03/06 page 25, page 26 (Noteb

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