THE UK furniture market rose 3 percent to £10.6 billion in 2015 as rising imports offset a decline in home produced furniture.

cabinetWarehousingThe European market for flat-pack furniture was worth €14 billion last year with the UK among the most prominent consumers of kit form furniture.

retailParkStoresYEAR-ON-YEAR furniture sales have been higher in each of the past 24 consecutive months though growth slowed down in May.

THE RETAIL price of furniture has been higher year-on-year every month in 2016 so far, with May’s inflation rate inching up. Flooring price inflation slowed.

ukFurnitureManufacturingUK FURNITURE factory inflation last month fell for the third straight month to its lowest level in almost a year and a half, according to new Government data.

RETAIL footfall inched 0.3 per cent up in May thanks to a big turnout over the May bank holiday weekend, according to the British Retail Consortium.

BRITISH retailers returned to growth in May with sales kickstarted by apparel and children’s footwear according to the British Retail Consortium.

RETAIL price deflation widened 10 basis points to 1.8 per cent last month, according to the BRC-Nielsen Shop Price Index.

British consumers’ confidence to spend big on furniture, white goods and cars improved in May, despite enduring fears regarding the wider economy.

retailParkStoresFURNITURE retail sales have been positive for nearly two consecutive years after high single-digit growth in April, new official figures show.

FURNITURE price inflation at the factory gate fell last month to its lowest level since March 2015, according to the Office for National Statistics.

RETAIL sales in Scotland declined 3.2 per cent year-on-year in April according to the Scottish Retail Consortium, dragged down by low non-food sales.

retailParkStoresFurniture and flooring prices took different paths in April with the former dropping to a four month low and the latter the highest since March 2013.

LAST month’s footfall figures make “sobering reading for retailers” according to the chief executive of the British Retail Consortium.

Like-for-like retail sales declined last month as apparel demand fell sharply. Home categories including furniture were the strongest performing.

Concern over the economy has pushed consumer confidence into negative territory for the first time in 15 months according to GfK, though the appetite for big-ticket spend remains positive.

FURNITURE retail sales rose year-on-year for the 22nd consecutive month in March though the rate slowed to its weakest since last November.

retailParkStoresRetail parks were the only type of shopping destination to see more shoppers in March, according to stores group the British Retail Consortium.

The Furniture Industry Research Association (FIRA) will update stakeholders on its Circular Economy project during Clerkenwell Design Week next month.

Year-on-year floorcoverings prices were higher for the first time in over a year in March. Furniture retail price inflation declined.

UK retail sales flatlined in March according to the British Retail Consortium, but furniture continued to trend upwards against year-earlier levels.

highStreeMore independent stores opened than closed in 2015 though the net opening rate threatens to turn negative for the first time since records began.

Consumer confidence for major purchases slipped in March but remains ahead of the same month last year, according to research consultancy GfK.

Retail footfall declined over the Bank Holiday weekend but higher online sales made up the shortfall, according to retail consultancy Springboard.

Furniture prices eased at both the factory gate and retail stores in February, according to inflation data from the Office for National Statistics.

Leisure activities helped out-of-town shopping parks to attract higher footfall as consumers avoided high streets and shopping centres last month.

Furniture and lighting sales trended up in high single-digits for Irish retailers in January as the new year continued along the same vein as 2015.

The number of people working in retail will drop by almost 1 million over the next decade as stores close and new technologies displace many existing roles.

Consumer confidence took a knock in February as stock market turbulence prompted fears the economy could take a hit.

More furniture and flooring retailers saw falling sales in February compared to those reporting rises, according to the first of the monthly retail monitors.

retailParkStoresPrice inflation returned to the furniture retail sector in January as rate rises at the factory gate remained at a two-year high.

Shopper numbers increased sharply in January with rises across both types of destination most popular with furniture and floorcoverings retailers.

Big-ticket furniture lines were the headline act in January as retailers enjoyed their strongest month since September according to the British Retail Consortium.

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