Major British Homes Chain Closing 15 Stores

Kitchen chain closes York trade depot in nationwide restructuring

The Magnet trade depot in Lysander Close off Kettlestring Lane is among the affected locations named in a company reorganisation.

British kitchen firm to close 15 stores - including one in Kent

A major kitchen firm is to shut 15 stores as part of a major restructuring - including one in Kent.

Kitchen firm closing 15 'under-performing' stores

The firm which has 159 showrooms is carrying out the closures as part of a restructuring programme

Teesside kitchen showroom among 15 of chain's UK sites set to close in major shake-up

Magnet’s Stockton showroom is among 15 branches set to close in a CVA restructuring.

Major British homes chain closing 15 stores

The chain is hoping the move will protect dozens of its other stores as it struggles to balance the books

Store closures alert: Kitchen retailer Magnet to shut multiple locations

Another beloved retailer is preparing to leave the high street, announcing plans to close multiple stores in the weeks and months ahead.Kitchen retailer Magnet has announced plans to shut 15 of its stores that are failing to perform as part of a significant business restructuring.The business is pursuing a company voluntary arrangement (CVA) to help stabilise its financial position, with the proposed CVA specifically targeting property expenses …