2007-02-09 06:03:34 · 5 answers · asked by david f 1 in Business & Finance ➔ Corporations
http://www.mfi.co.uk/mfi/default.asp
nothing they have a sale on
2007-02-09 06:08:37 · answer #1 · answered by Nutty Girl 7 · 0⤊ 0⤋
The company is very much still in operation, now under new ownership and slowly returning to profitability following the sale by the previous (mis-)managers. It will take a while until the company is back in the same position where it had a turnover of over £1bn in one year but they will get there. The company is no longer the number 1 furniture retailer in the UK, Argos are, but they're now at number 2; this means that to describe the company as "made for idiots" really says it all - we all buy their furniture so who are the idiots?! Anyway I've always preferred "my furniture's incomplete" - far cleverer!!
2007-02-11 07:59:06 · answer #2 · answered by sadgit629 1 · 0⤊ 0⤋
they are still trading as MFI but got sold off to a private equity firm at end of last year for £1.
Basically, they messed up their supply chain big time and it cost them their business.
2007-02-10 09:21:36 · answer #3 · answered by StevieRatcliffe 2 · 0⤊ 0⤋
they were Made For Idiots......no wonder they went down the plug!!
2007-02-10 12:20:14 · answer #4 · answered by bluecow 5 · 0⤊ 0⤋
they went bust for giving too many screws away.
2007-02-09 06:07:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋