400 Jobs Axed As Sleep Depot Rescue Fails ; Retail

Summary


Nearly 400 jobs have been axed after a bid to rescue bed retailer Sleep Depot from administration by its biggest trading partner, Land of Leather, failed yesterday.

All 367 staff at Sleep Depot's head office in Blackburn, Lancashire, and 100 in-store concessions across the UK have been laid off with immediate effect, administrator Kroll said.

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Extract


400 Jobs Axed As Sleep Depot Rescue Fails ; Retail

The collapse also leaves an estimated 4,000 customers with outstanding ord...

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