The Thornliebank-based lighting specialist, which has been in business for 45 years across Scotland and Northern England, has been forced to close stores and make redundancies
A well-known family furniture retailer has collapsed into administration, resulting in 11 shop closures and leaving scores of workers facing redundancy.
Pagazzi Lighting, a household name throughout Scotland and Northern England, was established nearly five decades ago and has built its reputation as a leading specialist in decorative lighting, mirrors and home furnishings.
Yet facing escalating overheads and declining footfall on the high street, the Thornliebank-headquartered firm has been compelled to shutter 11 of its branches and make 70 employees redundant mere days following the appointment of administrators, Daily Express reports.
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Notwithstanding its 45-year trading history, the retailer’s previous accomplishments proved insufficient protection against a “sustained period of poor trading” and growing financial strain, industry specialists have warned.
Even following a significant restructure just two years previously, George Lafferty of BTG was brought in as administrator last week as Pagazzi Lighting grappled with persistent cashflow difficulties amid rising operational expenses and weakening consumer demand.
Notable casualties include the Braehead Shopping Centre outlet in Glasgow and the Uddingston branch, located south-east of Glasgow city centre. Administrators have confirmed the 11 affected premises officially ceased trading on Wednesday (March 4), The Sun has reported.
Thomas McKay, managing partner of BTG, commented: “The retail sector has seen some very tough months of late in Scotland and this has also affected the lighting sector, mainly due to increasing competition and high trading costs.”
Reduced margins, slower consumer spending and rising operating costs are creating challenges for many high street retailers, and unfortunately, these are the main factors that saw the Pagazzi stores and concessions no longer able to trade. “”The 11 affected stores closed on Wednesday, after BTG consulted with staff about the anticipated closure.
Sadly, there have been 70 redundancies arising from the unavoidable closure of the retail outlets that were no longer able to trade. “”We are working closely with these individuals affected to assist them with access to their entitlements in conjunction with Partnership Action for Continuing Employment (PACE) and the Redundancy Payments Service, as we provide these staff members with the support and advice they need.”.
The firm’s digital arm, Pagazzi Lighting (Web) Limited, has intervened to purchase the business along with its assets, ensuring the company will survive – albeit in a scaled-back capacity – through its web presence and remaining physical shops.




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