Retail News
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds chief operating officer Gavin Chappell is taking on additional responsibilities as part of plans by the national retailer to divide the role of chief customer officer into separate parts.
- Details
- RETAIL & DISTRIBUTION
The takeover of Scotts by WoolOvers Group will yield more than £3.5 million for creditors though that won't be nearly enough to satisfy the mail-order retailer's outstanding liabilities.
- Details
- RETAIL & DISTRIBUTION
Consumer price inflation for household furniture eased for the sixth month in a row in February, reaching its lowest level in a year and a half.
- Details
- RETAIL & DISTRIBUTION
Dreams has officially opened its new warehouse at Willenhall in the West Midlands, describing the 260,000sqft facility as its largest investment in physical assets to date.
- Details
- RETAIL & DISTRIBUTION
The CEO of ScS says the the upholstery retailer, which is flush with cash and has no debt, would give serious consideration to vertical integration if the right opportunity was passed across his desk.
- Details
- RETAIL & DISTRIBUTION
Retail giant IKEA opened a Plan & Order Point in Stockport, Greater Manchester on Monday, the second of three iterations of the new-format stores that are planned for North West England.
- Details
- UPHOLSTERY
Relaunched modular sofa brand Snug has agreements in place with all three of its legacy upholstered furniture suppliers following its takeover by ScS earlier this year.
- Details
- RETAIL & DISTRIBUTION
Cash continued to build at ScS in the first half of its financial year despite the upholstery and flooring retailer recording a bigger net loss compared with last year.
- Details
- RETAIL & DISTRIBUTION
The acquisition of Sofa Workshop weighed heavy on the principal U.K. trading arm of international furniture brand Timothy Oulton ahead of the historic upholstery retailer's subsequent closure.
- Details
- RETAIL & DISTRIBUTION
Three major home furnishings retailers have agreed 10-year leases to occupy stores in the redeveloped former Toys R Us unit at the Metro Retail Park, Gateshead.
- Details
- TRADE & INDUSTRY
Furniture Village and ScS, two of the largest furniture retailers in the country, are among the first companies to become Approved Retailer members of the British Furniture Manufacturers (BFM).
- Details
- RETAIL & DISTRIBUTION
The investor group that last year acquired the business behind the Oak Furniture Superstore retail brand threatened legal action against the vendors after fire safety issues surrounding some of its products emerged following the buyout.
- Details
- RETAIL & DISTRIBUTION
Housebuilder Barratt London is offering owners of new-build homes the opportunity furnish them with furniture packs from IKEA after launching a collaboration with the Swedish retail brand.
- Details
- BEDS & MATTRESSES
Bensons for Beds has launched a variable support mattress that is softer on one side and firmer on the other with the aim of meeting the changing needs of children as they grow towards adulthood.
- Details
- RETAIL & DISTRIBUTION
The famous four-year's interest free credit (IFC) offer of DFS is no more after the upholstery market leader cut the maximum term customers can take to repay by a full 12 months, citing rising costs.
- Details
- RETAIL & DISTRIBUTION
A longstanding Lincoln case goods furniture retailer will close next week following its owner's decision to retire.
- Details
- RETAIL & DISTRIBUTION
Building work has begun at MattressNextDay's purpose-built distribution centre and showroom in the South East of England.
- Details
- UPHOLSTERY
Profits fell 71 percent for DFS in the six months to Christmas Day with the upholstery market leader battling rising costs and a fall in sales.
- Details
- RETAIL & DISTRIBUTION
Home revenue declined at department store retailer John Lewis in the year to end January as customer spending patterns adjusted because of the rising cost of living.
- Details
- REGIONAL
A London furniture retailer that once ran six stores across the South East of England will be down to one after it announced the closure of its longstanding Chelsea unit.
- Details
- RETAIL & DISTRIBUTION
John Lewis Partnership (JLP), parent to John Lewis and Waitrose, has appointed Nish Kankiwala as its first-ever CEO.
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds will this weekend expand its West Midlands retail footprint with the launch of a new store at Erdington to the northeast of Birmingham city centre.
- Details
- UPHOLSTERY
Trustpilot says Maker&Son "hasn't been playing by the rules" after the upholstery brand was said to have threatened reviewers with legal action regarding comments that had been made on its platform.
- Details
- RETAIL & DISTRIBUTION
Mail-order furniture, general merchandise and fashion brand Grattan has received fresh shareholder backing after a third equity issue in a little over a year.
- Details
- RETAIL & DISTRIBUTION
The closure of a 17-store adjustable furniture and mobility products specialist spells bad news for a co-controlled ecommerce business, which faces the write-off of a large multi-million pound debt.
- Details
- BEDS & MATTRESSES
Naturalmat, the Devon manufacturer and retailer of mattresses and bedding made from organic materials, maintained profitable momentum last year as it invested online and in people.
- Details
- RETAIL & DISTRIBUTION
Netherlands based INGKA Holding, the world's largest IKEA retailer, beefed up its U.K. property portfolio last year after making its largest investments here since before the pandemic.
- Details
- RETAIL & DISTRIBUTION
A West Sussex lifestyle retailer has acquired the business and assets of Scotts, the circa £50 million turnover general merchandise retailer that carries a substantial furniture and home programme.
- Details
- UPHOLSTERY
Sofas from the three further upholstery collections sold under the Argos Habitat brand that didn't meet U.K. flammability regulations were also manufactured in Eastern Europe, it was disclosed late last week.
- Details
- BEDS & MATTRESSES
Shareholder equity at mattress company Dormeo U.K. was wiped out through the second part of the pandemic ahead of its business and assets being sold to a supplier for £800,000 last month.
- Details
- UPHOLSTERY
Correspondence has been delivered to U.K. and mainland European industry suppliers to the legacy Maker&Son upholstery business telling them they will not be paid what they are owed after all, despite earlier pledges to the contrary.
- Details
- INTERNATIONAL
International furniture and home décor retailer Maisons du Monde saw profits fall last year as revenue declined and margins narrowed.
- Details
- RETAIL & DISTRIBUTION
Moda Furnishings, the premium outdoor living retailer, is opening a pop-up showroom at The Victoria Quarter in the centre of Leeds later this month.
- Details
- RETAIL & DISTRIBUTION
The founder of Oak Furnitureland continues to have an equity interest in rival brand Oak Furniture Superstore following the division of that retailer's assets via an insolvent restructure last month.
- Details
- UPHOLSTERY
Upholstery manufacturer and retailer heads south for third consumer showroom.
- Details
- RETAIL & DISTRIBUTION
Gordon Mearns is retiring and stepping down as managing director of Sterling Furniture after two decades in the role, ushering in a new phase at the 50-year old Scottish retailer. A CEO search is underway while third generation family members will shortly join the board.
- Details
- RETAIL & DISTRIBUTION
A Buckinghamshire upholstered furniture manufacturer and retailer that dates back to the 1950s has refashioned its corporate structure after a predecessor company was placed into liquidation last month.
- Details
- RETAIL & DISTRIBUTION
Ingka Group, the largest IKEA retailer in the world, says women now make up about 50 percent of the top management teams across the 31 countries worldwide where it operates.
- Details
- RETAIL & DISTRIBUTION
In-store furniture retail sales made huge gains last year as U.K. lockdown trends reversed to the detriment of the ecommerce channel.
- Details
- BEDS & MATTRESSES
Restructuring advisors say all outstanding orders will be fulfilled following the buyout of the business of Dormeo U.K. last week in a deal that effectively saves hundreds of jobs.
Stay informed. Subscriptions start from less than £2 per week: