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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Kitchen giant Magnet to close ‘underperforming’ stores in major restructuring plan

Magnet
Kitchens supplier and retailer Magnet is to shut 15 stores -

Kitchens retailer Magnet is set to close 15 of its stores as part of a significant restructuring effort aimed at shoring up its financial position.

The company announced the closures of "underperforming" locations through a Company Voluntary Arrangement (CVA).

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