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MFI customers can pursue refunds | MFI customers can pursue refunds |
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Customers with outstanding orders with MFI can begin to claim back their money after the firm's administrators announced all would be given a refund. | Customers with outstanding orders with MFI can begin to claim back their money after the firm's administrators announced all would be given a refund. |
The chain ceased trading, with the closure of 111 stores and the loss of 1,400 jobs, after a bid to find a buyer for the business failed. | The chain ceased trading, with the closure of 111 stores and the loss of 1,400 jobs, after a bid to find a buyer for the business failed. |
Around 30,000 customers are said to be affected. | Around 30,000 customers are said to be affected. |
MFI went into administration last month as demand for new kitchens and bedrooms slumped, alongside the housing market. | MFI went into administration last month as demand for new kitchens and bedrooms slumped, alongside the housing market. |
Refunds offered | Refunds offered |
Of its remaining customers who were left with outstanding orders, up to half had paid by debit card, cash or cheque. | Of its remaining customers who were left with outstanding orders, up to half had paid by debit card, cash or cheque. |
This meant that - like the firm's other creditors - they were relying on the administrators MCR to refund them. | This meant that - like the firm's other creditors - they were relying on the administrators MCR to refund them. |
A statement on the MFI website has invited them to apply for refunds, although it adds: "It is not yet possible to predict the timing of such refunds." | A statement on the MFI website has invited them to apply for refunds, although it adds: "It is not yet possible to predict the timing of such refunds." |
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MCR could not say what redundancy payments would be made to the staff who had lost their jobs. | MCR could not say what redundancy payments would be made to the staff who had lost their jobs. |
Meanwhile, MFI's collapse is having knock-on effects for other companies. | Meanwhile, MFI's collapse is having knock-on effects for other companies. |
A huge warehouse used by MFI but run by logistics firm DHL will close on 23 February if a buyer is not found. | A huge warehouse used by MFI but run by logistics firm DHL will close on 23 February if a buyer is not found. |
The distribution centre, at Thorne, near Doncaster, employs 350 people. | The distribution centre, at Thorne, near Doncaster, employs 350 people. |
DHL said it would seek to redeploy as many staff as possible, but had so far found new posts for only 35 people. | DHL said it would seek to redeploy as many staff as possible, but had so far found new posts for only 35 people. |
Are you an MFI employee? What are your experiences? Are you a customer waiting for deliveries or a small business who traded with MFI? Send us your comments using the form below. | Are you an MFI employee? What are your experiences? Are you a customer waiting for deliveries or a small business who traded with MFI? Send us your comments using the form below. |
In most cases a selection of your comments will be published, displaying your name and location unless you state otherwise in the box below. | In most cases a selection of your comments will be published, displaying your name and location unless you state otherwise in the box below. |