Is Oak Furniture Land in trouble?
Oak Furnitureland announces 27 store closures and 163 job cuts. Oak Furnitureland becomes the latest business to announce store closures and job cuts amid the coronavirus crisis. The homeware retailer announces plans to shut 27 shops, leaving 163 jobs at risk.
Is Oak Furniture Land closing down?
Oak Furnitureland closing branches
Oak Furnitureland has revealed that it will be closing 27 of its 105 stores - putting 163 jobs at risk. On June 15, the brand was acquired by global investment manager Davidson Kempner Capital Management following a sales process by Deloitte.
Is Oak Furniture Land in administration?
In June 2020, Davidson Kempner Capital Management bought Oak Furnitureland out of administration.
Where is Oak Furniture Land furniture manufactured?
We source the majority of our furniture directly from manufacturers based in the UK, China, Vietnam and India, these are our Tier 1 suppliers.