Carpetright has filed a notice of intention to appoint administrators while it works to finalise additional investment to secure the company's long-term future.
On its website, the retailer states that financial pressures following a software attack that disrupted trade in April – and subsequently impacted plans to restructure – has resulted in it seeking a period of protection while sale negotiations proceed.
"We continue to operate all our stores and services and continue to fulfil all orders and fitting appointments as scheduled," states the retailer. "Carpetright is not closing down."
On Friday, it was reported that the retailer's possible collapse would put more than 1800 jobs at risk, and that advisor PricewaterhouseCoopers (PwC) stood in line to handle the administration.
According to a BBC report, the business said it had "begun promising conversations with interested parties", its 272 stores remained open, and it had been given 10 days' "breathing space" to find a buyer.
Carpetright encourages customers with concerns to contact their local store or via Carpetright's website. For any queries regarding existing finance agreements, they should contact their store or Novuna Finance directly.
