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Cookes Furniture's Erdington, Birmingham store
Longstanding Midlands and Dorset furniture retailer Cookes says investments made over the past three years have impacted near-term profits but helped it to diversify and broaden its appeal for the next generation.

Pure CF has been restructured via a prepack administration process in a transaction that saves the jobs of all of the contract furniture maker's employees.

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Online sales helped boost November figures
Like-for-like retail sales dipped in November according to the British Retail Consortium with more spend transferring online as Black Friday promotions become "increasingly digital."

Premium kitchen makers Smallbone of Devizes and Mark Wilkinson Furniture have been sold to a high net worth American investor in a prepack deal that secures the near-term future of both heritage brands.

Contract furniture maker Godfrey Syrett has told employees that it could close one of its sites in the North East in order to secure the business' near to mid-term future.

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House of Fraser's Kendals store at Deansgate, Manchester
House of Fraser says its Kendals store in Manchester — slated to close because it couldn't agree new terms with the landlord — will now not shut after it belatedly struck an accord with the building owner.

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Beales, based at Bournemouth, now has 23 stores nationwide
Beales, the department store chain recently bought by its chief executive Tony Brown, has completed a buyout of two-store East of England retailer Palmers, a deal that had been in the pipeline since the summer.

Wayfair, the American ecommerce giant fast becoming one of the UK's largest furniture retailers, has raised $500 million (£391m) from bond investors through the issue of convertible notes.

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Peter Green's store at Chandler's Ford, Hampshire
Hampshire based Peter Green, one of the country's largest independent single-store furniture retailers, posted skinnier profits as sales declined in the year to March 31, 2018.

Global home furnishings retailer IKEA says it plans to absorb the cost of transforming its business over the next few years at the expense of the bottom line.

Seasoned retail executive Nigel Oddy is to leave his post as CEO of circa 150-store home and leisure chain The Range, according to trade journal Retail Week.

Strong mattress sales helped the home category return to growth as John Lewis & Partners posted the highest grossing week in its history in the seven days to November 24.

Canburg, the company behind high-end kitchen businesses Smallbone of Devizes and Mark Wilkinson, has filed a notice of intent to appoint administrators, according to Sky News. Corporate filings indicate a restructure may be imminent.

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Harry Corry trades from nearly 50 stores
Sales and profits jumped for furniture and furnishings chain Harry Corry Interiors in the first period since it finished its landlord-only Company Voluntary Arrangement (CVA) which it had seen it secure rent reductions.

Essex furniture and interiors retailer Roomes says it has taken steps to put the business on sound footing after a year where big-ticket sales were impacted by consumer uncertainty.

Retail footfall fell over the weekend taking in Black Friday promotions according to Springboard, a consultancy measuring shopper numbers in different types of retail destination.

Major independent invests in new assets and property arm delivers growth.

JYSK, the Danish value furniture retail conglomerate, says its planned opening in Ireland next year will mean it has stores in every major European country.

East Midlands independent retailer Swannacks Furnishers of Retford is to close after the fourth generation owner of the company decided to retire.

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The Nasons furniture store at Wincheap, Canterbury
Furniture and flooring chain AHF was one of several interested parties in taking over either the Nasons furniture store in Canterbury or its brand, according to administrator Kreston Reeves.

IKEA, the world's biggest home furnishings retailer, says it plans to restructure its business in order to adjust to "never seen before" changes that are rapidly transforming the global retail sector.

AO World, one of the country's largest electricals retailers, is looking to leverage its logistics network and expertise by building partnerships with external furniture businesses.

European home and living ecommerce retailer Westwing says it is now profitable as it balances revenue growth with cost control.

Home sales at John Lewis & Partners were down for the second straight week in the seven days to November 17, but it did write more furniture and flooring orders than the same period last year.

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B&Q's Cribbs Causeway store
The decision to pull away from kitchen fitting services was behind more than half of a fall in B&Q sales in the past three months, the home improvement giant said today.

Having introduced occasional furniture to its product roster this summer, fashion retail conglomerate H&M has taken another step into the home category with the launch of its first UK H&M Home store.

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Alan Ward is one of Britain's largest independent furniture retailers
Four-store furniture retailer Alan Ward said 2017–18 has proven to be "extremely challenging" but maintained that continuing improvements mean it is well placed to take advantage of any upturn.

Steinhoff International Holdings, parent to UK chains Harveys and Bensons for Beds, says commercial director Louis du Preez will become its new chief executive officer with effect from January 1, 2019.

Beaulieu International Group, the international textiles conglomerate, says it will increase prices worldwide at its Engineered Products division because of input cost pressures.

IKEA, the world's biggest furniture retailer, is betting on the enduring value and appeal of city centres and will invest billions on real estate developments over the next three years.

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Oak Furniture Land is hoping to make its U.S physical store debut early 2019
Oak Furnitureland, the circa 100-store U.K. hardwood furniture retailer, is close to opening its long desired first U.S. showroom, and has chosen Boston as its launch city.

Home furnishings giant Williams-Sonoma will take its West Elm, Pottery Barn and Pottery Barns Kids retail brands to India for the first time after signing a franchise agreement with a local partner specialised in Western consumer brands.

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Loaf has been opening new showrooms including this one at St Albans
Expanding clicks-to-bricks retailer Loaf made further top line gains as it began its rollout of showrooms across the UK. Profits fell on narrower margins, investment costs and foreign exchange.

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More House of Fraser stores will close
House of Fraser is to close its stores at Norwich, Nottingham, Newcastle's Metro Centre and Lakeside Shopping Centre at Thurrock in early 2019 after rent talks with the property owned failed to yield an agreement.

IP lawyers representing Furniture Village will make the case for an online retailer's application to trademark the phrase HomeFurnitureLand to be quashed at a hearing next month.

Privately-owned furniture wholesaler Annaghmore Agencies improved cash generation in a challenging year that saw sales lift but earnings fall on narrower margins.

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It has more than a year since John Lewis managed to string together two straight weeks of home growth
Negative year-on-year home sales returned for John Lewis & Partners in a tough overall week that saw total sales across the chain drop by just over £8 million.

Early export wins, dining ranges and higher sales with existing customers were behind Baker Furniture's top line growth in 2017–18, according to managing director Mark Callaghan.

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William & Sons' store at Merry Hill
Heritage West Midlands furniture retailer William & Sons has closed its doors for the final time after a long-in-the-planning orderly shutdown while it cleared stock.

N Brown, the home shopping retailer, says it faces higher marketing costs and a potential asset write-down as a result of a "mixed" draft verdict in its long-running legal battle with the tax man regarding VAT.

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The figures include approaching a full year of deliveries from Barker & Stonehouse's Hove store
Privately-owned furniture retailer Barker and Stonehouse grew sales double-digit in 2017–18 with the impact of new stores and online combining to deliver a sixth straight top line gain.

Sales advanced again for fitted furniture maker and retailer Ashley Ann in the year to end March but the privately-owned company cautioned it was not expecting to grow at the same level in 2018–19.

Independent department store group Ulster Stores built on a return to growth in 2016–17 with rising sales and profits in the year to January 31, 2018.

Britain's three biggest overseas sources of living, dining and bedroom cabinet all exported less to the UK in September with the total for the combined categories slipping 5.0 percent.

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More Argos stores have been integrated into Sainsbury's supermarkets
General merchandise giant Argos, one of Britain's largest retailers of furniture, will have 280 stores inside Sainsbury's supermarkets by the end of its 2018–19 financial year with another 30 units planned over the next six months.

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Trendsetter says 2018–19 will show an improvement on an exceptionally difficult year
Bedding company Trendsetter Home Furnishings says it has addressed a number of challenges to reverse the impact of "an exceptionally difficult year" during which it booked a seven-figure net loss.

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Divests Scandinavian upholstery and cabinet business for nominal sum.

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Maisons du Monde, the circa €1bn retailer, trades from four Debenhams shop-in-shops in the UK
The CEO of Maisons du Monde says she is not concerned regarding potential store closures at UK department store chain Debenhams, where it has opened instore studios this year.

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The retailer has invested in its store network
Investment brought instant payback for South East furniture and department store retailer Collingwood Batchellor with rising sales and profits ahead of a warehouse refurbishment project that finished this summer.

The Hong Kong investment company that bought into British discount department store chain TJ Hughes last year has increased its stake in the company.

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It plans to leverage the IT, expertise and logistics of Modani for its Maisons du Monde test
Maisons du Monde, the French furniture and home accents retailer, is to pilot its core retail brand in the United States with a test store, tapping into the infrastructure of the Modani business it bought in the spring.

Big-ticket sales dwindled at privately-owned stores group Oldrid & Co. in the year to January 27, 2018 as the department, furniture, home and garden store business continued to implement its turnaround plan.

Furniture retailer The Cotswold Company is continuing to build out its bricks and mortar presence, stretching its footprint north and south with a Yorkshire unit to follow its just-opened Surrey showroom.

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Home sales advanced for John Lewis & Partners last week
Home sales climbed for John Lewis & Partners last week as the department store mutual booked its highest total sales figure for 2018 so far, passing £100 million for the first time this year.

Half-year profits at Marks and Spencer Group (M&S) advanced 6.1 percent with the food and general merchandise retailer continuing to transition more of its business from bricks to clicks.

Ena Shaw, the diversified North West soft furnishings business, says it has made significant progress turning its Montgomery unit around with restructuring work to complete by the end of 2018.

John Lewis of Hungerford, the upscale fitted furniture maker and retailer, says the success of its push into the bedroom category opens the door to the division developing a 'whole home' offer.

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Dunelm acquired the Fogarty IP in 2015, and struck a licensing deal with the legacy manufacturer
Dunelm's multi-million pound investment in the historic Fogarty brand is secure despite the collapse of the legacy Lincolnshire manufacturer that produced filled bedding under the label for the national retail chain.

Profits fell at expanding home and leisure retailer The Range with the circa 150-store chain blaming the decline on the weakness of the pound against the dollar. New stores helped sales to climb.

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Rodgers of York's new-look Monks Cross store
Independent furniture and furnishings retailer Rodgers of York has completed a three-year £2 million refurbishment project that has transformed its Monks Cross store inside and out.

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Stores represent the bulk of IKEA business but online is gaining traction
IKEA, the world's largest home furnishings retailer, says it grew UK sales in the year to August 31 driven by double-digit growth in its ecommerce business and new stores.

Losses widened for Internet home furnishings retailer Wayfair in the third quarter despite another big increase in sales, both in Europe and North America.

UK sales declined for Roche Bobois in the first six months of 2018 but the upscale French furniture business said the territory held up well overall because of high average shopping basket values.

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Daniel of Ealing, one of two home furnishings stores for the retailer
Revenue inched forward for WJ Daniel & Company in 2017–18 with the three-store beds, furniture and department store retailer maintaining seven-figure profits thank to asset disposals and rental income from its investment property portfolio.

John Lewis & Partners registered its biggest sales figure for 2018 last week with sales just above £99 million in the seven days to October 27. Home sales fell for the eighth week straight.

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Stores are down, online is up for Next
General merchandise retailer Next said full-price sales advanced in its third quarter though both its stores and ecommerce channels performed below year-to-date levels.

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Business rates are one of the biggest costs for large retailers
The High Street can't be saved in its current form but there are measures that can ease the pain, Chancellor of the Exchequer Phillip Hammond said yesterday as he announced a series of ideas designed to support the transition.

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House of Fraser tie-up is part of new concession journey, says Sofa.com
Upholstery vertical Sofa.com has fleshed out details regarding its concession partnership with House of Fraser, revealed by The Furnishing Report last week, and says sales across its network are beating expectations.

Swedish kitchens conglomerate Nobia, owner of UK retail chain Magnet, says it will close an unspecified number of stores as part of a group-wide plan to save costs and protect profits.

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Habitat will open a Brighton store next month
Retail giant J Sainsbury has signalled its confidence in its furniture and interiors retail business Habitat with an equity injection that transforms its balance sheet and eliminates a large chunk of debt.

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50 as-yet-unspecified stores will close over the next five years. Its new store at Stevenage, pictured, is among the business' best-performing shops
Debenhams, the department store retailer, says it will close about a third of its circa 165-store estate over the next five years as it looks to adjust its business model to the rise of ecommerce.

What the takeover, revealed by The Furnishing Report yesterday, means for Beales' furniture business online.

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The retailer is part way through a £5m investment programme
Sales and profits were flat for Housing Units as the North West home furnishings independent completed the first phase of a major investment programme designed to position it for growth.

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21-store Beales has changed hands
Andrew Perloff, owner of Airsprung and AHF, has sold the 21-shop Beales department store chain in a private equity backed management buyout led by chief executive Tony Brown, The Furnishing Report can reveal.

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Upholstery represents almost a third of Ercol's business
Ercol chairman Edward Tadros says new upholstery designs hit the spot last year, a period that saw the heritage furniture manufacturer make heavy investment on new machinery.

Zara Home, the dedicated homeware chain operated by the Spanish Inditex conglomerate, posted double-digit sales growth in the UK last year as it launched an ecommerce channel.

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Nasons furniture store and, inset, how the brand is expected to change as part of the AHF group
AHF, recently taken over by Airsprung owner Andrew Perloff, is to save the large Nasons furniture shop in Canterbury, making it the southernmost store under its management.

John Lewis & Partners recorded a seventh straight fall in home merchandise sales last week though the chain did see some big-ticket sub-categories make year-on-year gains.

But balance sheet transformed after property revaluation.

Kitchen, bathroom and DIY chain Wickes met with significant headwinds in the third quarter as competition prevented the recovery of higher input costs and demand faltered.

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Jarrold's retail interests include The Granary contemporary furniture store
Diversified retail and business services group Jarrold successfully refinanced more than £15 million of debt due 2019 in a year where its vast property assets appreciated in value, boosting paper profits.

House of Fraser's Manchester department store, located in the historic Kendal's building in the city centre, is to close in January, new owner Sports Direct International has confirmed.

Ian Topping, the former Steinhoff boss who was named chairman at The Cotswold Company earlier this summer, will simultaneously chair the home improvement chain Homebase.

Wayfair, the expanding ecommerce home furnishings giant, has launched a customer membership programme it hopes will encourage consumers to shop with it more often.

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The summer saw a decline in cabinet imports
Living, dining and bedroom cabinet imports tumbled in August as three of the big source nations—China, Poland and Vietnam—sent less to the UK.

Second quarter update from Studio parent Findel, whose websites generate more than £100 million a year in home goods sales.

The Advertising Standards Authority has upheld a complaint regarding savings claims in email marketing from furniture-to-fashion retailer Laura Ashley.

Home sales fell last week at John Lewis & Partners, meaning the broad category has seen declines in each of the past six weeks and in 19 of the past 20.

Design company Tom Dixon has appointed Alessandro Vergano, the former chief marketing officer at Swarovski, as its new chief executive. He replaces Jamie Mitchell.

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Bargain Crazy is part of the standalone Littlewoods Clearance business
Shop Direct says it plans to close its standalone Littlewoods Clearance business unit after concluding bulk disposal represents a better alternative for clearance stock.

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Gallery Direct is headquartered at Sittingbourne
The Gallery Direct group recorded a loss last year as top and bottom line improvement at its core brand were countered by negative results from the Dreamworks business it bought in 2015.

Northern Scotland furniture retailer Grampian Furnishers has closed its Lossiemouth store for the final time ahead of its relocation to a larger, purpose-built unit this coming weekend.

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The Frasers store in Glasgow; Photograph; House of Fraser
Sports Direct International, which bought House of Fraser out of administration this summer, has acquired the building housing the department store chain's Glasgow store.

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The design concept for Wayfair's holiday pop-up shops. Photograph: Business Wire
Ecommerce furniture and furnishings retailer Wayfair will this autumn experiment with pop-up stores in its domestic U.S market as it explores new ways to interact offline with customers.

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Online and offline sales advanced for Dunelm in its first quarter
First quarter revenue inched ahead for Dunelm Group, the national furniture and homeware retailer, as growth in its core dot com brand made up for the closure of its Worldstores website.

Home sales—ahead at the end of the first quarter—were down mid single-digits for N Brown Group by the half-year stage as market headwinds checked demand.

The conversion of preference shares into ordinary stock helped boost the net worth of department store chain Beales in 2017–18, a year that saw it make further cost savings as it transitions to profit.

Walker Greenbank, the premium soft furnishings group, has begun the search for a new CEO after announcing that John Sach is stepping down following 15 years in the post.

John Lewis & Partners said it saw more customers commit to future purchases of upholstery and beds last week, but still posted a fifth successive decline in sales across its home category.

Hülsta Furniture owner to close component factories in move it says will strengthen operations at its German HQ.

Furniture retailer Made.com was cash generative for the first time in its history in 2017 while a tax credit meant it recorded its best net result on public record.

Former Furniture Village director Ian Gray has been installed as executive chairman at Canburg, owner of high-end kitchen brands Mark Wilkinson and Smallbone of Devizes.

The BHS format is returning to British retail centres after its owner struck a deal with department store retailer Beales, the Financial Times reported.

Plans to build a full line large format IKEA store on the South Coast near Brighton have been approved, with developers penciling in early 2021 as a potential opening date.

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Rackhams is based at Highhams Park, London
Headlam Group, Europe's largest floorcoverings wholesaler, has agreed to buy East London distributor Rackhams in a deal that expands its presence in the capital.

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Homesense shares a co-owner with TK Maxx
Furniture and interiors retailer Homesense put another £33 million on its top line in 2017–18 with new openings hauling it up the list of the UK's biggest home merchandise operators.

Home merchandise comparables continued to lag other categories for John Lewis & Partners last week, registering a 5.4 percent year-over-year sales decline.

Steinhoff's British subsidiaries have more time to file 2016–17 accounts with the UK Companies Registrar after altering their year-end, for a second time.

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OKA Direct was sold back in January this year
The price paid by Italian buyout company Investindustrial to acquire British furniture retailer OKA Direct has been disclosed publicly for the first time. It is lower than has previously been reported.

ScS says it its talking to House of Fraser's new owner with a view to keeping as many of its 27 furniture concessions in the department store chain open as it can.

Clicks-to-bricks furniture and home accents retailer Swoon is adding another ten instore concessions in a major escalation of its tie-up with department store chain Debenhams.

New UK accounts for French furniture and home accents retailer Maisons du Monde put flesh on the bone regarding its claims Britain is among its fastest-growing markets.

OKA Direct, the mid-high end furniture and interiors retailer bought by an Italian investment company earlier this year, has appointed Emilio Foa as its new CEO.

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In 24 months, Next's third-party homeware brand offer has increased four-fold
General retailer Next has added more than 100 new furniture and homeware brands to its product offer in the past 12 months as part of a major escalation of its third-party brand offer.

The value of mattress retail sales inched forward in August compared with last year as the category continued to outperform other bulky goods furniture lines.

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Home sales fell for a third straight week at John Lewis
Sales of new iPhones and Apple Watches helped electricals to power John Lewis & Partners sales growth last week. Though home goods sales didn't crumble, they still fell for the third straight period.

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Stores represent a decreasing proportion of Next sales
Fashion-to-furnishings giant Next says it expects its stores to generate less than half of all sales and under a third of profits this year as its customers continue to migrate to the web.

Former BHS lighting shoppers consider home improvement giant B&Q their favourite alternative now that BHS is no longer trading, according to new research.

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House of Fraser's Oxford Street store is among those for whom the new owner has agreed terms with the landlord
House of Fraser stores containing ScS concessions previously threatened by its former owner's CVA proposal have now been saved, new owner Mike Ashley has announced.

Workplace furniture maker Orangebox has been sold to U.S conglomerate Steelcase in a deal that will catapult the Welsh company on to the world stage.

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OKA trades from 14 UK stores plus two outlets
OKA Direct, the premium British furniture and interiors retailer, has made its first ever acquisition, buying a controlling stake in a family-owned Texan furniture business.

Shop Direct cited a "challenged furniture and homewares market," as it recorded a steep fall in sales at Littlewoods in 2017–18. Growth elsewhere made up the shortfall.

Year-on-year home merchandise sales declined for a second straight week at John Lewis & Partners and have now climbed just once in the past 16 weeks.

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HomeSense is escalating its co-located store network
Homesense, the off-price furniture and homeware retailer, is opening at least nine stores this autumn including a major escalation of co-located units with sister company TK Maxx.

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Tony Judge will leave after "an orderly transition"
Chief operating officer Tony Judge is leaving Headlam, Europe's largest floorcoverings distributor, sparking a search for a replacement in a reconfigured role.

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Furniture Barn Doncaster is closing following the earlier shuttering of units at Sheffield and Grantham
The last of the Furniture Barn stores acquired by Lee Longlands in 2016 is closing amid a business model adjustment that sees the brand shift its focus towards its Internet operation.

Walker Greenbank has signed a licensing agreement with global retail business H&M that will see its Morris & Co brand next month diversify into the fashion sector.

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Cabinet shipments from China are falling: Image: Maersk
The second half began as the first half ended for China's case goods producers, with a decline in the value of goods shipped to the UK.

Online furniture retailer and flash sales business Westwing has confirmed plans to raise €120 million via an initial public offering on the Frankfurt Stock Exchange.

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Habitat's new Westfield London showroom; Photography: Dunja Opalko
Furniture retailer Habitat opens its first new standalone store in a decade today, at Westfield London. It is one of two new showrooms—the other is in Brighton—opening this autumn.

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Andrew Perloff has acquired furniture retailer AHF
Andrew Perloff, the property investor and owner of businesses including Airsprung and Beales, has acquired furniture retailer AHF after buying out majority shareholder Central England Co-operative.

Price pressures weighed on John Lewis & Partners with the department store chain reporting a half-year negative earnings swing of nearly £67 million.

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N Brown operates the JD Williams and Jacamo web businesses
N Brown Group, the shopping business behind the JD Williams and Jacamo brands, is searching for a new leader after it announced the planned departure of CEO Angela Spindler.

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Dunelm bought WorldStores for £8.5m back in 2016
Dunelm is trading online from a single web platform having closed the WorldStores website it bought late 2016 as part of a move to "simplify the business."

The negative home trend returned at department store chain John Lewis & Partners last week despite a record week for its contemporary own-brand House.

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Browns' Davygate store in York
The company behind the Browns of York department store and others nearby has lowered its near-term debt servicing costs after consolidating borrowings.

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Debenhams has substantial long-term lease commitments
Department store retailer Debenhams last night moved to reassure suppliers, staff and investors following weekend newspaper reports that sparked a sharp fall in its share price yesterday.

North West furniture and home improvement retailer Taskers reported a £1.1 million net loss last year as it incurred one-off costs associated with its planned restructure.

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New furniture launch from Homebase
Embattled home improvement retailer Homebase has taken baby steps back into the furniture product sector with a new line of dining, living and occasional cabinets.

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As The Furnishing Report suggested earlier this week, Harveys has partnered with Louise Redknapp
Furniture chain Harveys has confirmed it has partnered singer and style blogger Louise Redknapp for a new upholstery collection under the Bold by Louise brand.

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Loaf's new St Albans store
Furniture retailer Loaf's physical store expansion took another step yesterday as the retailer opened its seventh showroom, in St Albans.

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Stokers' purpose-built Russell Dean store opened in May this year
Stokers, one of Europe's largest independent furniture retailers, says underlying sales across most of its stores climbed in 2017–18, with overall figures impacted while it rebuilt its flood-hit Russell Dean store.

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Markus Jooste, former CEO of Steinhoff International Holdings
Markus Jooste, the longtime CEO of Steinhoff International Holdings who resigned as the company revealed the existence of accounting irregularities late last year, says he had no knowledge of alleged impropriety.

House of Bath office to close with activities moving to North West HQ.

The Home directorate was top of the tree as Christmas gifts and decorations drove sales at John Lewis in the seven days to 22nd November.

Home improvement retailer B&Q said sales of showroom merchandise — its kitchens, bedrooms and bathrooms offer — declined in its third quarter.

Cookes Furniture Two-store independent Cookes Furniture said it built sales momentum in 2013–14 and has seen top and bottom line improvement in the first six months of its new financial year.



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