What new owner plans to do with PK Furniture

By on July 23, 2017
What new owner plans to do with PK Furniture

The buyer of embattled PK Furniture says the chain is going to be nothing like it used to be, with a complete rebrand and change of direction.

PK Furniture, which at one point ran 17 North Island stores, went into receivership in May owing its creditors $22 million.

It was recently bought by newly-incorporated firm Highbury Group, whose sole director Stephen Salmon told the Herald he planned to keep five stores and retain about 50-60 of its 150 staff.

Salmon, who has been in retail for the past 42 years, was PK's general manager of sales and marketing for about a year before it went into receivership.

Read the full article by Matthew Theunissen > The New Zealand Herald - nzherald.co.nz

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