STOKENCHURCH, England, March 6, 2013 /PRNewswire/ --
Founder and former chief executive of furniture retailer Dreams, Mike Clare, has expressed his disappointment and sadness at the news that the company is to cease trading.
Clare has been involved in marshalling a rescue plan for the retailer since autumn 2012, which would have seen its founder buying back the company. However the repurchase of Dreams by Clare was unsuccessful.
Following the news Clare has announced that he is now developing a new bed retailing venture with the intention of it filling the vacuum the demise of Dreams will leave in the high street.
Commenting on the news Clare said: "I already have plans in an advanced stage to rescue as many of the stores in the Dreams portfolio, and with it as many of the jobs within the company's skilled workforce, as possible.
I already own the Dreams Head Office and will be announcing further plans in the next few days."
For more information and interviews with Mike Clare, please contact Mike Clare's office +44-(0)1494-682-018 or +44-(0)7808-741-954.
SOURCE Mike Clare's Press Office