Carpetright wins backing for store closure plan

Carpetright has won backing for a rescue plan that will see dozens of stores closed and hundreds of jobs lost.The embattled retailer was given the support of creditors and landlords for the Company Voluntary Arrangement (CVA) at a meeting on Thursday.Carpetright had set out plans for the CVA - an arrangement which allows firms to shut loss-making outlets and secure rent reductions - earlier this month.