British furniture retailer Made.com fails as consumer squeeze bites
Source: Reuters
LONDON, Nov 1 (Reuters) - British online furniture retailer Made.com (MADE.L) said it would appoint administrators after it ran out of cash, becoming one of the first retailers to fail as a result of the squeeze on household budgets this year.Made.com's rapid decline - it floated less than 18 months ago with a value of 775 million pounds ($894 million) - is a warning for retailers across Britain, as consumers cut…