I am saddened to learn of the imminent closure of Fulton's fine furniture retailers in Belfast.
I, personally, shall miss their in-store restaurant, the Hawthorne.
The company, which is best known for its 60,000 sq ft showroom on Belfast's Boucher Road, was placed into administration in July.
The administrators said they had received "a number of serious approaches from interested parties".
However, it said it had not been able to reach a deal.
It was stated that while the business had been trading successfully in administration that could not continue indefinitely without a new owner,
What is described as a "managed wind down" will now take place over the next few months.
The administrators said new orders will be taken until 17 December and all existing orders will be fulfilled.
All floor stock has now been reduced.
Fulton's employs a total of 45 people who can now expect to lose their jobs.
The business began in Lurgan over 50 years ago and there is still a Fulton's shop in the town.
It opened a Belfast operation in 1991 and moved to its new purpose-built premises in 2006.
The furniture and homeware sector in Northern Ireland has suffered in the recession with several local retailers going out of business.
1 comment :
In March, 1994, the last survivor of Belfast’s family owned businesses finally closed its doors. Some 300 members of staff lost their jobs and its valuable stockpile of fixtures and fittings were auctioned.
History repeating itself..
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