Article: Buy-out saves DP Furniture Express.(News)

Byline: By Graeme King

Collapsed retailer DP Furniture Express was rescued yesterday as administrators agreed to a management buy out for an undisclosed sum.

The Sunderland-based company, which turned over around pounds 60m last year, was built up by entrepreneur John Marshall over 20 years.

Now it is being relaunched under the name Smallharl Limited after administrators from PricewaterhouseCoopers (PwC) closed 10 under-performing stores.

The new team, ...

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