CTD Tiles, one of the UK’s biggest tile suppliers, has shut 56 of its stores, including six in Scotland, after falling into administration.
A total of 268 workers were made redundant after the collapse, administrators of the business confirmed.
However, 30 of its shops and two distribution sites were bought in a rescue deal by rival Topps Group.
Six locations in Scotland have been closed and all staff have been made redundant.
The full list of Scottish stores that have closed:
- Dundee
- Falkirk
- Glasgow
- Kilmarnock
- Livingston
- Stirling
James Lumb, managing director at Interpath Advisory and joint administrator of CTD Tiles, said that all staff made redundant have been offered support.
He said: “CTD Tiles is a major player in the industry, but market conditions proved insurmountable as consumer and trade demand failed to recover in line with expectations.
“The transaction with Topps Group provides continuity for a considerable number of staff and stores as part of a major tiles group. We are working with the team to ensure a smooth transition for customers and suppliers.
“Regrettably, the remaining sites have closed, which has resulted in redundancies. We are now focused on supporting those staff and have specialist teams on site working with impacted employees to help make representations to the Redundancy Payments Service where relevant.”
