Beds retailer Dreams is to make close to 100 redundancies as it restructures to reflect a smaller store base, Retail Week has learned.
About 60 jobs are to go at head office across all functions. The figure represents more than a quarter of staff at the 228-strong HQ.
A further 30 jobs are on the line after the retailer made the decision to close eight shops following unsuccessful lease negotiations with the landlords of those stores. This will bring its store estate down to 164 by the end of next month, from 172.
Dreams employs 1,600 people altogether.
Dreams was acquired in a pre-pack administration deal by Sun European in March. Sun European acquired two-thirds of the store estate as part of the deal, and the remaining 95 shops were shuttered. It is thought the retailer now aims to streamline itself to reflect its smaller scale.
However, sources indicated that Dreams expects to create up to 50 new roles when it takes distribution in-house. Yodel runs the operation at present.
The retailer is still on the hunt for a new boss after chief executive Nick Worthington stepped down in June.
Dreams declined to comment.
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Dreams to make 100 redundancies as it restructures