2017–18 profits declined sharply at Ponsford, one of the UK's largest single-store furniture retailers, after it booked lower revenue on thinner margins.

hourstonsAyr
Hourstons was once part of the House of Fraser estate.
Hourstons, a Scottish department store with a furniture department selling upholstery, cabinet and beds, has ceased trading and been placed into liquidation.

loomLoft
How the Loom Loft is planned to look.
Loom Loft, a new purpose-built furniture and interiors superstore in the Ribble Valley, is slated to launch this summer.

GaryKingGlasswells
(Left–right) Longtime branch manager Gary King with Glasswells, Haverhill colleagues Linda Rogers, Janet Pead and Rachel Phillips.
Privately-owned home furnishings retailer Glasswells has paid tribute to Gary King, manager of its Haverhill store, with an award for his 40 years of service.

Ashford County Council has paid upwards of £2 million to acquire a property currently housing a large superstore operated by HomePlus Furniture, a four-store independent retailer.

authenticMailboxBrum
Authentic Furniture, which has its own Long Eaton workshop and a showroom in the Peak District, Derbyshire, has added a second shop.
Derbyshire based furniture maker and retailer Authentic has opened its second retail showroom with a 3,000sqft space The Mailbox, Birmingham.

downtownGranthamPlan
How the planned Downtown at Home store will look
Oldrid & Co, the dual-format heritage furniture and department store retailer, yesterday (Feb. 5) won council backing for an ambitious Designer Outlet in Grantham incorporating a new Downtown at Home store.

glasswellsFlooringDept2019
Glasswells' new-look carpet department at Bury St Edmunds.
Glasswells, one of Britain's largest independent home furnishings retailers, has opened its remodelled carpet department as it continues its Bury St Edmunds store refurbishment.

Annie Mo's, the longstanding Aberdeen headquartered furniture retailer, has opted not to renew the lease on its second store, at Glasgow.

Glasswells, one of Britain's largest independent furniture retailers, has donated cash to the East Anglian Air Ambulance after staff members raised money during its twelfth annual quiz night.

CookesFurnitureBirmingham
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.

peterGreenFw
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.

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.

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

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

alanWardChesterFW
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.

williamSonsMerryHill2018
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.

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.

rodgersYork2018
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.

danielEaling2018
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.

housingUnitsDC 1
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.

theGranaryJarrold
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.

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.

brownsYork2017
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.

glasswellsBuryNorwich
The retailer's Bury store and an investment property in Norwich (inset), which it sold last June
Glasswells recorded higher profits during a year where it incurred significant disruption to trade as it began a major refurbishment of its flagship store.

fishpoolsFW
More investment is on the way at Fishpools
Fishpools, one of the largest single-store furniture retailers in Europe, built out sales and profits again last year as it made further investment and bolstered its balance sheet.

Glasswells has completed another phase of its ongoing refurbishment project, opening its new smooths flooring studio at its Bury St Edmunds store.

Sales and profits declined for a third consecutive year at destination furniture and furnishings retailer Andersons of Inverurie in 2016–17.

Heritage furniture and department store retailer Nasons is exploring ways to combat the tough trading climate and steer a path through structural change, hiring advisors to conduct a strategic review.

bradbeersHE 1
Bradbeers' Hedge End furniture store
Underlying profits advanced for South Coast independent retailer Bradbeers in a year that saw it invest heavily in property and consolidate borrowing.

East of England department store retailer Palmers repaid debt and replenished cash balances after selling one of its properties last year.

Vale Furnishers, the Surrey retailer in the past named the UK's top independent furniture retailer, enjoyed a balance sheet boost in 2016–17.

barkersHomeNorthallerton
2017–18 was the first full year of operation for the larger, rebranded store
Expanding and remodelling its Barkers Home store delivered instant payback for the privately-owned Northallerton retailer in 2017–18.

A currency-driven improvement in gross margin helped pare back the effect of lower sales at four-store furniture retailer Fairway in 2017–18.

hatfieldsColchesterNewLook
Hatfields will modernise the look of its c.50,000sqft. store
Major South East furniture retailer Hatfields is progressing its long-in-the-planning external frontage works to modernise its Colchester store.

Revenue advanced for a seventh straight year at Northern Ireland based multi-fascia department store retailer SD Kells in the year to January 19, 2018.

richardBallPaulGlasswell
Buying director Richard Ball, left, and md Paul Glasswell
Buying director Richard Ball is retiring after a 50-year career with Glasswells that saw him work at eight different stores and in 14 separate roles.

Privately-owned Welsh furniture chain Happy Home Furnishers is to relocate its Swansea store to the city's Phoenix Retail Park.

Variety retailer Boyes is planning new stores in the North East and Peak District as it builds out its store portfolio.

Value of two-store retailer on the up.

To Read The Full Story:

ADVERTISEMENT