MFI offloads three businesses

Furniture retailer MFI scaled back its operations today as it continued to suffer at the hands of a cautious consumer.

Thu, 01 Dec, 2005 - 07:52

Furniture retailer MFI scaled back its operations today as it continued to suffer at the hands of a cautious consumer.

MFI revealed it is quitting three businesses that are expected to make a combined loss of £10m (€14.7m) this year – as part of a strategic review, which is also examining its UK retail chain.

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