Administrators to furniture retailer Land of Leather have so far failed to sell the business as a going concern.
It went into administration last month and the administrator closed 33 stores leaving it with 82 stores trading.
Lee Manning, Deloitte partner and joint administrator, said: ‘While it has not yet been possible to sell Land of Leather, we continue to talk to interested parties, and our goal remains to find a buyer for the business as a going concern.’
He added: ‘It is prudent to make contingency plans and we have notified all employees of the risk of redundancy and store closures should a buyer for the business not be found.’
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