Furniture chain and web site Dwell has finally been taken into the hands of administrators after weeks of speculation over the firm's future.
The demise of the business has angered customers who had placed orders with the chain not realising the chain's worsening financial position with suppliers.
An estimated £1 million orders are believe to be outstanding. Administrators from Duff & Phelps said they have not yet decided whether to honour vouchers - and are under no obligation to do so because voucher holders by law are only regarded as any other creditor.
Only customers that paid by credit card are likely to be able to get a full refund.
The collapse comes amid a tough week for the high street as clothing chains Internacionale, Ark, owned by Rett Retail Limited and ModelZone, owned by Lloyds Development Capital, are also understood to be heading for administration threatening 2,000 jobs in all, including Dwell.
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