Court Action Threatened By Franchise Holders

Ic Newcastle:

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Franchise holders in the collapsed Furniture Express business are threatening court action to free themselves from their contracts.

A month after the business – formerly Durham Pine – plunged into administration for the second time, its franchisees are crying foul over the company’s declining fortunes hurting their businesses.

The franchisees were already angry about what they claim was a lack of service – and profile – provided by the previous management.

But now administrators PricewaterhouseCoopers have sold the franchise contracts previously held by Furniture Express to a new company called Cobco 808 set up in Halifax, West Yorkshire.

The franchisees say this company does not have the infrastructure or experience to operate the franchises to best effect – yet they are still obliged to continue on the same terms as when Durham Pine was a nationwide, £65m turnover business with a well known brand.


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