The joint administrators to Paul Simon (London) Ltd announced last Friday that, following an initial review of the business’ financial position, they plan to close 17 of the 50 outlets over the next two weeks. The stores to be closed are loss making. A sale will begin in these stores with large discounts on all goods.
On 4th April, 28 members of staff were made redundant in the head office, warehouse and factory. The affected stores employ 137 members of staff, with redundancies to be announced in the next two weeks.
https://www.furniturenews.net/news/articles/2014/04/783817957-paul-simon-closures-announced
