- Rosebys
The firm
Rosebys is a retail chain, consisting of over 300 soft furnishing stores across the
United Kingdom . [ [http://www.how-do.co.uk/north-west-media-news/north-west-marketing-services/bjl-creates-and-launches-new-rosebys-brand-200712191573/ BJL creates and launches new Rosebys brand] , "How-Do: News, opinion and resources for the North West media industry",December 19 ,2007 . Accessed on lineDecember 21 ,2007 .] Rosebys sells bedding, curtains, bathroom textiles, and other products. [ [http://www.accessmylibrary.com/coms2/summary_0286-18238882_ITM Rosebys' boss visit] , "Europe Intelligence Wire",December 14 ,2004 . Accessed on lineDecember 21 ,2007 .] In September 2008 it was announced that Rosebys had become a victim of the 2008 credit crunch and been placed into administration. [cite news |first= |last= |coauthors= |title=Jobs fear on Rosebys administration |work=The Press Association |page= |date=2008-09-26|accessdate=2008-09-26|quote= |url=http://ukpress.google.com/article/ALeqM5i9K9SVWIogipl39cE9Kt39GkWiMQ ]History
Rosebys was founded in
Grimsby in 1922 and, following this, expanded intoYorkshire and northeastEngland . They acquired a number of other companies in the 1980s, including Sherrys, Stapleton Linens, Maytime Linens, and Waldmans, and became a publicly traded company in 1992. They acquired Brentfords, Knightingales, Shallets, Russells and Bond Street Fabrics in 1995, Rexmore in 1996, andBensons Beds , .]On Friday 26 September 2008, with quarterly rents being due on the following Monday, [cite news |first=Julia|last=Kollewe|authorlink= |coauthors= |title=2,000 jobs under threat as textile firm Rosebys goes bust|url=http://www.guardian.co.uk/business/2008/sep/26/retail.creditcrunch|work= |publisher="
The Guardian "|date=September 26 2008|accessdate=2008-09-26 ] it was announced that Rosebys had been placed into administration, with the possible loss of 2,000 jobs. Despite an annual turnover of £100m, the group had become a victim of reduced high street spending with fears that it would be the first of such high street failures.References
External links
* [http://www.rosebys.com/default.aspx Rosebys] , official web site.
* [http://whois.domaintools.com/rosebys.com]Also see
*
Credit crunch
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