Carpetright is at risk of collapse, with 3,000 jobs and a number of Wiltshire stores at risk.

The retailer's parent firm says that one of the UK's biggest flooring companies, which has 300 stores nationwide, is battling to secure new investment to avoid administration. 

It has filed a notice of intention to appoint administrators which typically means it has up to 10 days to avoid the insolvency process. 

If this funding isn't secured, stores in Swindon and Wiltshire could be forced to close, with staff being made redundant.

This would include the store at Bridgemead Retail Park in Swindon, which remains the only Carpetright in the town after the closure of the second store in Greenbridge Retail Park in 2019. 

And also the Bath Road store in Chippenham, the New Park Street store in Devizes, the Bourne Retail Park store in Salisbury and the Trowbridge Retail Park store in Trowbridge. 

As reported by Sky News, Nestware chief executive Kevin Barrett said: "We remain focused on securing external investment to ensure as few customers and colleagues are impacted as possible.

"They are our main priority and we are taking all appropriate action to make sure they are informed and supported through this process.

"We have begun promising conversations with interested parties that are moving in the right direction, encouraging us that Carpetright has a viable future."

This follows reports that the company had been put up for sale, with advisers PricewaterhouseCoopers allegedly drafted in to help launch the formal process. 

In April, the company employed Teneo to explore cost-saving measures. 

In May, Sky reported that the firm cut more than 25 per cent of its head office staff in a bid to save cash, putting around 70 people out of jobs. 

And years ago, in 2018, dozens of stores were closed as part of plans to allegedly cut down on rising costs. 

The cost of living crisis has been cited as a major contributing factor to the company's current financial position.

This comes after years of weak consumer confidence since the Covid pandemic. 

A cyberattack in April leaving the firm unable to trade online and in-store for almost a week has also been cited as a big reason for the current status.

Carpetright was founded by Lord Harris of Peckham in the late 1980s.