MFI supply chain suffers further blow as two more companies are forced to lay off staff
19th December | redundancies | The ramifications of MFI’s collapse are continuing to hit businesses who dealt with the failed retail chain. Logistics firm Cranleigh Freight Services (CFS) and kitchen and bathroom supplier Mark Two are both to lay off workers.
The two firms follow others, including Austrian panel board supplier Egger and MFI’s Thorne distribution facility run by DHL, which have both already admitted staffing levels could be affected by MFI’s troubles.
Haulage firm CFS is owed more than £500,000 by MFI, which went into administration last month. Its business with the retailer was understood to be worth up to 20% of the company’s turnover, and an as yet unspecified number of jobs are to go.
Kitchen distributor Mark Two is to make 64 staff redundant in the New Year. The company has already had one round of redundancies this year, when 80 positions went. After the second round of redundancies, the total workforce at the Bolton firm will be down to 270. There is some brighter news, however, as the firm’s bosses say one of its major customers is expected to double it business with the firm in the Spring, which would result in Mark Two taking on additional workers.
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