Carpetright is to close 92 of its stores, including its one in Borehamwood.

The retail giants have produced a list of shops which are set to close as part of a restructuring plan, amid financial woes.

The chain is planning a company voluntary arrangement (CVA) that will allow it to shut the worst-performing stores, at the loss of 300 jobs.

Its site in Shenley Road is to close, alongside one in Stanmore.

Outlets in St Albans and Watford are not under threat.

Wilf Walsh, chief executive of Carpetright, said: "These tough but necessary actions will enable us to address the burden of a legacy UK property estate consisting of too many poorly located stores on unsustainable rents, and are essential if we are to restore our profitability and deliver a successful turnaround.

"We will remain in close contact with all colleagues to keep them fully informed as we move through this process."

Carpetright becomes the second high profile store in Borehamwood to announce its closure following the decision to shut New Look in Borehamwood Shopping Park.