European beds and mattress retail group Beter Bed posted higher sales and profits in 2014 despite downsizing its store portfolio by nearly 50 stores.

Worldwide profits at IKEA were flat despite rising sales across many of the markets in which it operates, the retailer said.

jyskCONew stores and the launch of an ecommerce arm helped JYSK grow UK sales by more than half in the year to end August.

Its new click and collect service is a focus for JYSK in the UK as sales worldwide jumped 10 per cent to €2.8bn in the year to end August.

Harveys and Bensons for Beds owner Steinhoff has named Alexandre Nodale as Chief Executive at Conforama, its French based pan-European furniture and electricals chain.

BoConcept-fasciaInternational contemporary furniture specialist BoConcept is to overhaul its worst performing stores worldwide by targeting closures or installing new franchisees.



TO READ THE FULL STORY: