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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.

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