Major retailer SAVED from administration – but 200 stores at risk of closing

A MAJOR retailer has been rescued from administration, but hundreds of stores remain at risk of closing.

Flooring retailer Tapi has struck a multimillion-pound rescue deal to rescue the Carpetright brand and dozens of stores.

Tapi is understood to have agreed to purchase 54 of the ailing chain’s stores and two warehouses in a pre-pack administration deal that will save 300 jobs, The Times reports.

However...