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Clarification
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Sleep Depot goes bust
Sleep Depot is to close with the loss of 367 jobs. The Blackburn-based business traded through 72 Land of Leather and 31 Paul Simon stores. James Gleave of administrator Kroll said: "The trading environment for all retailers is particularly tough at present and it is impossible for The Sleep Depot to continue to trade." The business was formed by former executives from Bensons for Beds, but has no connection whatsoever with Bensons, which is continuing to trade well and is part of the Homestyle furniture retailing group.
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