FURNITURE giant Land-mark, which has its southern division based in Eastleigh has collapsed and is in the hands of receivers from BDO Stoy Hayward.

The company employs 200 people nationally in 23 stores. Andrew Pepper from BDO Stoy Hayward said he was encouraged by the level of interest in the stores.

"We will do everything possible to reduce the effects of the receivership on staff and customers,'' said Mr Pepper.