MFI Lay off 1/3 of company due to credit crunch

MFI stand for Made For Idiots as my DT teacher used to tell us :)

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Originally Posted by :DJ-Small:

Where do you live? i have a list of the stores closing that i nicked of dad.

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any near watford way?

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Originally Posted by Bren

MFI stand for Made For Idiots as my DT teacher used to tell us :)

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I tend to use 'More flipping instructions', since I was told that I've never took the store seriously.

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Originally Posted by :DJ-Small:

The 1 in the colchester area closing down, so if u want anythink very cheap, i wud go down their.

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:O! Seriously? They aren't moving are they? Have you checked for something saying Tollgate, Stanway, Colchester? Because I believe it was moving.

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Originally Posted by GommeInc

:O! Seriously? They aren't moving are they? Have you checked for something saying Tollgate, Stanway, Colchester? Because I believe it was moving.

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Nope, the actuall circumstances are the company are split into 3 diffrent companys and one has technqically gone bust.

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Originally Posted by cocaine

any near watford way?

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None on list. Watford / London is run by MFI 2 who are the more well off side of the company.

So the one in Colchester (which is moving to a shopping area called Tollgate, in Stanway, which is in Colchester lol) is closing? I may have confused myself :P Bit weird if it's closing down straight away since it was re-opened a few days ago :S

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Originally Posted by GommeInc

So the one in Colchester (which is moving to a shopping area called Tollgate, in Stanway, which is in Colchester lol) is closing? I may have confused myself :P Bit weird if it's closing down straight away since it was re-opened a few days ago :S

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Yes, becuase at the time of moving they didnt know they were going bust lol, however that and 7 other stores MAY (nothing has been signed) be brought out by the other half of MFI and stay open, however i streesss nufin has been signed.

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Originally Posted by :DJ-Small:

Yes, becuase at the time of moving they didnt know they were going bust lol, however that and 7 other stores MAY (nothing has been signed) be brought out by the other half of MFI and stay open, however i streesss nufin has been signed.

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If they do buy it they will probs still close the store down and just slowly open them up again once the crunch is over.

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Originally Posted by Corporal

If they do buy it they will probs still close the store down and just slowly open them up again once the crunch is over.

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also to add to my other points, MFI do NOT own any of the propertys expet Global HQ, the rest are rented on 5 year leases.