Doors to close for two retailers

AUSTRALIA’S leading supplier of bedroom furniture, Sleep City, and home furniture specialist Everyday Living will close at Kotara Homemaker Centre.

Parent company Furniture and Bedding Concepts will close all 64 Sleep City stores in Australia citing a downturn in the retail industry for the decision.

Michael Fung, from PricewaterhouseCoopers, was appointed as administrator in February and the company went into liquidation later that month.

Mr Fung said he would ‘‘wind down the businesses over the next six to eight weeks’’ to maximise the return from existing stock for the benefit of creditors, including employees.

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