The cash capital expenditure made by historic Norfolk furniture retailer Aldiss last year was the largest outlay since it opened its second large-format superstore, back in June 2003.

Furniture retailer Lukehurst retired debt as it continued a long period of profitability in the year to January 31, 2024.

Home goods retailers continued to discount garden and outdoor furniture last month as poor weather threatened to leave many overburdened with stock.

The chairman and CEO of RH, the high-end furniture retailer formerly known as Restoration Hardware, has provided a new steer on the likely opening timeline for its London gallery, which was originally slated for a 2023 launch.

Longtime retail leader Huw Williams has left Toons Home Furnishers, the large Toon-family owned furniture and flooring independent based in Swadlincote.

Furniture Village says its new store in Lincoln, the first of several in the pipeline for the next year (see related), will open Friday, June 28, 2024.

A third share issue has brought total equity funding in furniture and lighting retailer The Conran Shop to £4.7 million in the year so far.

RH, the premium-pitched U.S. furniture retailer formerly known as Restoration Hardware, has entered the Spanish market with the launch of its new gallery in Madrid.

A strong living and dining furniture category drove an overall rise in cabinet imports in April despite continued weakness in the kitchen furniture segment.

Marks & Spencer has hired Marsha Smith, IKEA U.K. and Ireland's country deputy retail manager, as stores director for its West division.

OKA has followed plans to close its U.S. business with a cost-cutting restructuring proposal that will see the furniture and interiors retailer downsize its U.K. operation as it looks to return to profit.

Sharps booked a third straight revenue gain through 2022/23 but profits were lower as the bedroom furniture vertical absorbed higher overhead including money spent encouraging customers to spend.

Designer furniture retailer Heal's says its remodelled Tottenham Court Road store is delivering stronger sales despite its smaller size, and is less expensive to run.

Abitare, one of the largest independent retailers of mainland European furniture brands such as Natuzzi and Calligaris, will begin a closing down clearance sale later this morning.

OKA, the upmarket furniture and interiors retailer, has closed its stores and ecommerce operation in the U.S. with immediate effect, and put its subsidiary there into an insolvency process.

Year-on-year turnover at the U.K. furniture factory gate climbed for the first time in six months in April in a sign that demand pressures may be cooling.

Beaulieu International Group (B.I.G.), the diversified Belgian industrial conglomerate with interests spanning flooring to sofa fabrics, is investing €5 million transitioning to renewable energy.

Experienced retail executive Darren Kay has joined floorcoverings retailer Carpetright as stores director.

Housing Units has completed the final phase of a five-year development plan that its CEO Nick Fox says "has solidified our position as the leading home furnishings retailer in the U.K.'s mid to high sector."

Northern Ireland supplier Ulster Weavers returned to profit last year after saying earlier restructuring work combined with overhead repositioning had led to a strong result.

Birmingham court filing signposts potential administration for home delivery company that works with major retailers and employs over 130 staff.

Manchester home shopping group N Brown reversed prior-year losses after it focused on more profitable business and lapped a series of non-recurring line items.

Arja Taaveniku, a former IKEA executive who has been an independent director at Dunelm Group for the past three years, is to step down from the home retailer's board.

Maersk, one of the world's largest shipping companies, has increased its earnings guidance, saying full year adjusted profits could rise to as much as $9 billion for 2024.

Designer furniture company Andreu World has opened a new flagship showroom in central London, bolstering a roster of 30 existing locations worldwide.

Department store retailer Beales is to close a second store inside 18 months, leaving it with just a single branch and its online business.

The insolvent restructure of the Northamptonshire based business previously behind the Chiltern Oak Furniture brand leaves creditors nursing approaching £7 million of outstanding debt.

Ending the sale of big-ticket furniture lines has helped retail giant B&M get a bigger return from its store footprint, the retailer said on Wednesday.

Liverpool furniture and home goods retailer Taskers has received the backing of key stakeholders as it progresses a restructuring process that has already seen it close one of its two large stores.

Stollers, one of the U.K.'s largest single-store furniture retailers, maintained a near double-digit net margin last year despite a tougher market backdrop.

The owner of modern furniture brand BoConcept has ascribed a lower valuation to the company after a year in which its principal markets were hit by multiple supply and demand pressures.

A combination of weaker sales and higher costs hit profits last year for Gardiner Haskins, the asset-rich South West furniture and home improvement retailer.

The company behind the Bed Kingdom brand enjoyed another record year through 2022/23, achieving higher earnings on the back wider margins and its ability to find growth where rivals couldn't.

The disposal of stock looks to represent creditors' best hope of a dividend following the closure of furniture retailer Peter Green last month, with property held outside the corporate structure.

The owners of ecommerce furniture brand Roseland have bolstered its balance sheet via a multi-million pound share issue.

A furniture industry that has been cutting prices to stimulate orders amid low demand faces further margin pressure following a renewed threat from rising freight costs.

The number of residential property transactions increased on an annual basis for the first time in nearly a year and a half in April in a sign that demand for home furnishings could improve by the winter.

Irish furniture retailer EZ Living Interiors has opened its fourth store inside the past year as it embarks on an expansion programme this summer.

The Designer Rooms, the furniture retailer that operates stores mainly across the Central Belt of Scotland, has launched a dedicated beds retail format.

Peter Green Furnishers, one of the largest single-store furniture retailers in the U.K., has ceased trading and begun the process of filing for insolvency after efforts to sell the business as a going concern failed.

Rising energy and payroll costs hit Gillies' bottom line last year, though a first full year's inclusion of the Elgin-based Grampian Furnishers business bought in 2022 meant sales reached a new record high.

Higher costs meant profits declined at privately-owned Devon and Dorset department store retailer Goulds of Dorchester in the past year, despite rising output.

Sterling Furniture Group has agreed new funding ahead of plans to double the footprint of its Sterling Home fascia and turn its Forrest Furnishings brand into a chain of up to 15 stores.

Australian furniture retailer Nick Scali has made the first changes to the corporate structure of U.K. retailer Fabb Furniture following its takeover earlier this month.

Riser recliner chair and mobility retailer CareCo will take its national store footprint beyond 30 tomorrow with the opening of the first of two new showrooms in the East of England.

Emerging online furniture retailer Hemming & Wills has appointed two-person delivery specialist Panther Logistics as its new white-glove delivery partner.

ScS has begun a consultation regarding the proposed exit from the floorcoverings product sector in a move that would concentrate the retailer's offer on upholstery and selected furniture.

More furniture manufacturers than not see orders rising in the next six months as they look to recover from a recent market downturn, according to a new poll by British Furniture Manufacturers (BFM).

Independent furniture and furnishings retailer Aldiss said it achieved record high orders and delivered sales in the year to September 30, 2023.

Designer furniture, homeware and lifestyle retailer The Conran Shop has closed its historic store on Marylebone High Street, leaving it with ecommerce and its new Sloane Street flagship as its remaining U.K. retail presence.

Costco, the membership retail and wholesale giant, saw a shift away from furniture products on its ecommerce store last year as Covid trading patterns faded.

A South Coast kitchens retailer that struggled to cope with a fall in demand after the Covid boom has completed an insolvent restructure.

Furniture and lighting sales in Great Britain fell at their fastest pace in 38 months in April, according to official retail sales figures released Friday morning.

Big-ticket spend intent worsened for the third time in the last four months in May according to a closely-followed survey by GfK, the polling company.

One of the country's largest furniture retail landlords says the success of retail parks over other types of physical store destination through the pandemic period represents a "permanent structural shift."

Designer furniture company Calligaris has confirmed that a seven-figure share issue first signposted last summer has repaired the balance sheet of its wholly-owned U.K. retail subsidiary.

Marks & Spencer (M&S) has for the first time detailed the top and bottom line impacts of the simplification of its bulky two-person delivered furniture operation, a decision revealed by The Furnishing Report back in March.

A half-year tumble in home sales worsened for The Very Group (TVG) in the first three months of 2024 as the ecommerce retailer saw a downturn in several furniture categories. Beds proved the exception.

Retailers continued to cut prices last month as deflation in the furniture and furnishings category reached its widest level in over a decade.

Annabel Astor, a shareholder and co-founder of the premium-pitched furniture and homeware chain OKA, has stepped down from the retailer's board of directors.

An indoor and outdoor dining chair importer and wholesaler based near Leamington Spa has filed for insolvency, leaving creditors facing a seven-figure shortfall.

An affiliate of the company behind the Beds.co.uk and Cox & Cox businesses has sold Victoria Plum, the bathroom retailer that has historically owned a number of famous furniture brands.

Barker and Stonehouse has become the latest to sign up to the retail membership category of British Furniture Manufacturers (BFM), the trade association that promotes British-made furniture.

Restructuring advisors say they remain in discussions regarding the sale of the business and assets of the LuxDeco ecommerce retailer that was placed into administration two months ago, but creditors looks to set to miss out regardless.

The Conran Shop has now received eight-figure funding from its owner in the past year after a fresh equity investment before the close of its 2023/24 financial period.

CareCo, the reclining furniture and mobility products retailer, has detailed the costs of the catastrophic fire at its Essex warehouse headquarters last autumn.

An investor with ties to a five-store furniture chain in the North West has added two interiors retailers to his portfolio, including a sofa retailer launched back in 2011.

A style platform founded by two former fashion directors at British Vogue has launched a brand partnership with Made.com (Made) resulting in the introduction of a capsule collection of furniture and homewares.

Nick Scali's entry into the U.K. market is complete after it concluded its takeover of Fabb Furniture. The Australian retailer has earmarked well over £10 million for the subsequent phases of its plan.

Kitchen chain Magnet closed nearly 5 percent of its U.K. store estate in the first three months of the year as its owner continues to transform its business here.

Nadhim Zahawi MP, who was briefly the U.K.'s Chancellor of the Exchequer in 2022, has been appointed chair at ecommerce retailer The Very Group, one of the U.K.'s largest retailers of entry-level furniture and mattresses.

Aintree retailer Taskers, one of the largest furniture and home goods retailers in the North West of England, says it hopes a restructuring process will enable it to return to profit.

Department store retailer John Lewis & Partners has revealed that total furniture and home sales fell to their lowest level in three years through its 2023/24 period.

London based furniture wholesaler Qualita is to widen its product roster for U.K. customers after acquiring the wholesale operations of Centrepiece International, a small case goods supplier.

The competition regulator is to investigate the completed takeover of Wincanton, a key logistics partner to the U.K.'s furniture and home retail industry.

The company behind the born-again Oak Furniture House retail brand has filed for insolvency, just over a year after its predecessor operation had been rescued in a deal that compromised creditors.

Home and garden ecommerce marketplace retailer Wayfair has this week launched a new U.K. marketing campaign championing the breadth of its product offer.

The U.K. beds market is worse this year than last according to Tempur Sealy International, the owner of retail market leader Dreams and two of the world's largest bedding brands.

A former owner of the Scottish furniture, lighting and home décor wholesaler CIMC Home has provided secured finance to the rebranded successor company.

Carpetright is to reduce head office staff numbers by just over 25 percent as part of a restructuring exercise that reflects the wider downsizing of the business over the past decade. Store numbers, services and deliveries will not be affected during the process.

Three senior board members at Neptune became shareholders last year after earlier joining the £90 million furniture design, wholesale and retail group as part of a restructuring of the leadership team.

Blackbridge Furnishings, one of the strongest pound-for-pound furniture retailers in the U.K., booked higher retained earnings through 2022/23 as it continued to bolster its asset base.

Bed manufacturer and retailer Warren Evans booked six-figure profits last year as it made its third gain since the return of the London based brand.

Restructuring work helped the retailer behind the Flooring Superstore and Direct Wood Flooring brands cut losses last year.

Ecommerce home platform Wayfair says it has taken further market share in the U.K. despite a decline in first quarter sales.

Variety retailer Wilko has enlarged its entry-level furniture programme with new upholstery, beds and a first-ever launch into the fitted kitchens segment.

General merchandise retailer Next, one of the U.K.'s largest retailers of furniture, said full price sales were better than forecast in the three months to end April.

Furniture and home interiors retailer Graham & Green invested heavily in new assets last year but says capital expenditure will now take a "back seat" while it navigates through the difficult market.

Furniture retailer Vale Furnishers maintained underlying profits last year amid continued property trading and investment, and the planned exit from a leased store.

The number of U.K. housing transactions declined on a year-on-year basis for the 16th month in a row in March, according to new figures that augur ill for big-ticket sales.

Howden Joinery Group (Howdens) says it has made an encouraging start to 2024 with underlying sales for the £2.3 billion vertical just above flat compared with last year.

Ron McMillan is to step down as chairman at home and fashion ecommerce retailer N Brown with effect from today (Apr. 30, 2024) with its CEO to become interim executive chair.

Oak Furnitureland has become the latest retailer to tactically deploy interest free credit (IFC) to stimulate demand — reintroducing a lower threshold proposition.

The soon-to-be owner of retail chain Fabb Furniture was the biggest worldwide improver of more than 80 home furnishings equities tracked globally as investors lapped up its plans to expand into the U.K.

Consumer sentiment towards high-value items such as furniture and flooring remained weak in April but improved from a six-month low the previous month.

Argos pinned lower furniture and home sales on a warmer winter and hard market as the general merchandise giant looked to electricals to keep revenue within the same ballpark as last year.

Daniel of Windsor and Ealing has completed the last leg of a multi-year share buyback that concentrates ownership of the furniture, department store and bedding retailer.

Wickford-headquartered retailer Essex Furniture Outlets will open its fourth branch later this spring with a reconfigured 30,000sqft unit in Colchester.

£19 million Suffolk kitchen and housewares supplier returns to profit in 2023.

A cyber attack against the I.T. systems of Carpetright and its sister brand The Floor Room has not compromised customer data, but is inhibiting their ability to take orders.

The allure of its brands and design archive helped Sanderson Design Group maintain profits in the past year as licensing gains offset weakness elsewhere in its business.

Outdoor living retailer White Stores is expanding its physical store footprint with the opening of a second dedicated furniture store in a play that builds out its clicks-to-bricks strategy.

Australian furniture retailer Nick Scali is to enter the U.K. market after agreeing to acquire Fabb Furniture, the retail chain formerly known as Anglia Home Furnishings (AHF). All the stores will be rebranded as Nick Scali.

Ecommerce-led furniture retailers saw sales decline at a faster rate than their predominantly store-based contemporaries in the first quarter of 2024.

Upmarket furniture-to-fashion retailer The White Company found sales growth last year, with apparel lines outshining its wide-ranging home furnishings programme.

The Cotswold Company is expanding into the Northern Irish market with an ecommerce launch that takes it beyond the U.K. mainland for the first time.

The restructuring of the circa £10 million furniture, lighting and home décor brand CIMC Home prefaced the appointment of a liquidator at its predecessor operating company, court filings show.

U.K. revenue has settled at a level more than a third higher than the pre-Covid period according to the French ecommerce retailer trading as La Redoute.

Furniture and lighting retail sales fell sharply in March according to figures released Friday morning by the Office for National Statistics (ONS).

Restructuring advisors have launched an investigation that may lead to a larger-than-previously-expected recovery for creditors of the predecessor Cox & Cox furniture and homeware ecommerce company.

Independent retailer M6 Bed Warehouse is targeting the Early May Bank Holiday weekend for the launch of its second store, doubling its footprint.

Dunelm has maintained its full year profit guidance after achieving volume-driven sales growth in the third quarter of its financial year.

Consumer prices in the furniture category continued to decelerate in the year to March as deflation persisted for a third straight month. The opposite was true with floorcoverings.

The owner of expanding retail chain NCF Living believes the company is on target for exponential sales growth in the next year as it continues to build out its store footprint.

IKEA opened its new state-of-the-art distribution centre at Rathcoole, Co. Dublin on Wednesday in a move that will lead to a halving in customer delivery times in Ireland.

Furniture brand Swoon returned to profit in 2023 driven by what it called a "clear focus on improving product margins and control of overheads."

Furniture, home and garden marketplace retailer Wayfair makes its bricks-and-mortar debut in its domestic market next month but that won't diminish its appetite for web growth, believing the sales runway for ecommerce remains vast.

A newly-formed company has taken control of Scotland-based furniture, lighting and home décor distributor CIMC Home following an apparent restructuring exercise.

Charlies, the eight-store home and garden retailer, booked lower profits last year as rising costs outweighed the impact of higher sales and income from an insurance claim.

South East furniture and interiors retailer Design Vintage says it is looking forward to a strong future after completing a restructuring process that protects key stakeholders.

But revisions mean earlier declines were not as bad as first reported, new and updated figures from the Office for National Statistics show.

Profits declined from Covid-era highs for seven-store indoor and outdoor furniture, lighting and homeware retailer Holloways of Ludlow last year.

Privately-owned retailer Furniture Village is to expand its footprint with another store in England this summer before embarking on the first of several new stores in Scotland.

Ultra high-end North Wales furniture manufacturer Silverlining maintained profits last year despite rising costs and flat sales.

French furniture company Roche Bobois is to acquire a majority stake in the company managing its 26-store retail operations in China, one of its most profitable and high potential markets.

Ordorite, the cloud-based retail order management software solution favoured by hundreds of major furniture and bed retailers, has announced a strategic partnership with Shipster, a custom shipping integration platform.

Ecommerce furniture and homeware retailer Laura James returned to profit last year with a seven-figure gain that eliminated all previous accumulated losses.

National bed retailer Bensons for Beds says it plans to open more than 30 stores over the next two years as it looks to return its footprint back to historic levels.

Ecommerce and marketplace retailer FurnitureBox continued its upwards trajectory as it built sales momentum and market share through 2022/23.

Robbie Feather has been promoted to group chief executive at The Very Group (TVG), owner of the Very and Littlewoods brands and one of the U.K.'s largest retailers of furniture and beds.

Officials tasked with setting director pay levels at upholstery market leader DFS have defended a higher-than-average increase for its CEO by citing retention and motivational reasons.

Revenue climbed for the third year straight at beds and bedroom retailer And So To Bed last year though rising costs meant it was reliant on lower director pay to deliver earnings growth.

The group behind the Där Lighting, David Hunt, and J&M Parker lighting brands became employee-owned last year following an under-the-radar transaction.

Independent retailer Loom Loft Furniture & Interiors has detailed the confirmed timeline for the launch of its new store at Preston Docklands this spring.

Jason Tarry, who stepped down as CEO of Tesco's U.K. and Ireland business last month, will succeed Sharon White as chairman at John Lewis Partnership, parent to John Lewis and Waitrose.

Italian upholstery vertical Natuzzi has cited the U.K. market as pivotal to a plan to accelerate its worldwide strategy evolution from wholesale to retail.

Flooring and furniture retailer Pay Weekly Carpets and Vinyls saw its financial performance impacted by more stringent customer credit checks last year but it expects pay back in the shape of lower future bad debt.

Upmarket kitchen and bedroom furniture maker and retailer John Lewis of Hungerford returned to profit last year thanks to a gain on the disposal of property.

Specialist private equity firm Alteri Investors provided national bed specialist Bensons for Beds with another high seven-figure chunk of debt and equity funding last year.

An investment professional has acquired the trading company behind the historic Julian Charles Home furnishings retail business in a transaction that sees its turnaround backer cede control.

Kayla Wilson has been promoted to marketing director at Furniture Box, one of the U.K.'s largest ecommerce furniture retailers.

The CEO of RH, the high-end U.S. furniture retailer that launched here with its RH England gallery last year, says ecommerce has been the most surprising aspect of its entry into the U.K. market so far.

International furniture retailer BoConcept has reorganised its senior leadership team including the hire of a senior U.K. jewellery retail executive to a new C-suite role.

Auditors have signed off the 2022/23 accounts of designer furniture, lighting and homeware retailer The Conran's Shop with a qualified opinion.

Home improvement retail chain Homebase has launched its first television advertisement in three years as it looks to elevate its brand profile and boost sales.

Sofa retailer's expansion follows ownership concentration via share buyout.

The number of U.K. housing transactions declined for the 15th straight month in February but at the shallowest rate throughout that period.

Profits were close to flat at Cousins Furniture last year as the independent retailer found margin to offset the impact of a softer demand environment.

Flair Rugs bolstered its market position through 2022/23 with double-digit sales and profits growth despite rising administrative costs.

Premium furniture and interiors retailer RH is to push back the launch of its new gallery in Paris as a result of construction restrictions related to the summer Olympics.



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