Carpetright is on the brink of closure, putting more than 1,800 jobs at risk.

The flooring and carpet retailer, which has stores in Bridge of Don and Kittybrewster, has filed a notice of intent to appoint administrators.

Advisory firm PricewaterhouseCoopers (PwC) has been lined up to take over the administration of Carpetright, but they have not yet been appointed.

The company said it had "begun promising conversations with interested parties" and that its 272 stores would remain open for now.

The company's restructuring plans were harmed after a cyber-attack earlier this year, which caused a slump in their April trade. However the firm has also struggled with slowing customer demand.

John Cullen, partner and insolvency expert at business advisory firm, Menzies said: “The problems that Carpetright are facing show just how difficult trading conditions in retail are at present." He also said that the cyber-attack was the "straw that broke the camel's back."

Customer orders will continue to be fulfilled, but the carpet and flooring retailer will no longer provide any refunds.

Kevin Barrett, boss of Nestware Holdings, which owns Carpetright said his main priority was ensuring that "as few customers and colleagues are impacted as possible".

The firm has been given 10 days' to find a buyer.

FTSE 100

The UK's flagship share index, the FTSE 100, was down 80-points at 8,191 shortly after opening this morning.

Brent crude oil futures were up 0.24%, trading at $85.14 a barrel.

Companies reporting today

  • ME Group International- Half Year Results
  • Rio Tinto- Q2 Operations Review

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