The auction of Made.com stock will see thousands of items sold off for after the online sale got underway this weekend. Nottingham-based auction house John Pye is running the sale of the Made.com items after the company went into administration this months.
These images show the stock being kept in the Nottingham company's Welsh warehouse. The Made.com auction will include more than 1,000 truckloads’ worth of 5,000 unique product lines.
The vast majority of the stock will be sold at John Pye Auctions in Port Talbot before Christmas, Cymru Online reports. The auction house said administrators had instructed it to sell the entirety of the company's UK stock inventory. It has been expecting more than 30,000 items from the high end store, which will begin to go online on the weekend of November 25.
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The auctions will be held several days a week in the run up to Christmas and well into the New Year. All of the auctions will be online and people will be able to bid on an exclusive range of brand new items for every room in the house and garden, the auction house confirmed.
Administrator PricewaterhouseCoopers (PwC) said there would be 399 job losses at Made.com. Most of these will be in the form of redundancies. Rival chain Next, meanwhile, bought the Made.com brand, domain names and intellectual property for £3.4 million.
The chief executive of Made.com, Nicola Thompson, previously apologised to customers affected by the business going bust, adding that the firm had "fought tooth and nail" to avoid it. The retailer sourced furniture directly from designers and manufacturers and gained a loyal base of younger customers. Last year, it was valued at £775m.
However, the company was left struggling as the cost-of-living crisis has forced consumers to cut back on their spending. Global supply chain issues have also had an impact as customers have been left waiting months for deliveries.
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How to register for the Made.com auction
Anyone interested in buying auctioned Made.com stock can keep abreast of new lots by joining John Pye’s dedicated Made.com email list. To bid on items as they go up for auction, customers will need to register and set up a John Pye account.
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