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 20/06/2013Independent, James Thompson - Furniture retailer Dwell collapses after failed attempts to sell  
 
 

Dwell ceases trading

 
 The Independent reports that Dwell has today closed all 23 stores and ceased trading both on the High Street and online with immediate effect, and the loss of 300 jobs.
Dwell filed a notice of intention last week to appoint Duff & Phelps as administrator, with a formal announcement expected over the coming days.
Dwell had been working with advisers at Argyll Partners to try to find a buyer and secure fresh working capital, but interested parties walked away. A Dwell spokesman said: "As a result we have been left with no option but to close the business with immediate effect."
 
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