One of Eastern Europe's largest furniture manufacturers has closed all its production plants for the next few weeks, and says it could extend the shutdown even longer.

The vast majority British furniture and department store retailers have so far resisted making wholesale store closures despite footfall collapsing as consumers follow Government guidance to increase social distancing to try and halt coronavirus contagion.

Carpetright, Britain's biggest floorcoverings retailer, is to sponsor Exeter City Football Club for three years starting from the beginning of next season.

General merchandise retailer Next has outlined how it would cope if the coronavirus pandemic leads to its annual turnover dropping by 25 percent over the next year.

The Guilford showroom of furniture retailer Loaf was last week named winner of the Store of the Year — Small Format category at the Retail Week Awards 2020.

Furniture wholesaler Julian Bowen, one of the largest companies of its type in Britain, recorded higher profits last year after it grew sales and achieved wider gross margin.

The final eleven Beales department stores will close tomorrow, two weeks earlier than scheduled after footfall collapsed.

The Long Eaton Guild of Furniture Manufacturers has cancelled the spring edition of its Long Point event, citing the coronavirus pandemic.

IKEA, the U.K.'s largest home merchandise goods retailer, is to close all instore cafés and restaurants following the Government advice for citizens to avoid social contact.

Laura Ashley yesterday announced it had filed a notice of its intent to appoint administrators, effectively putting a moratorium on creditors calling in their debts.

Sales at inexpensive Danish furniture chain JYSK grew nearly a fifth last year ahead of the retailer embarking on an ambitious expansion programme.

All U.K. retailers — irrespective of size or sector — will be given a year-long business rates holiday as part of a range of packages introduced by the Chancellor of the Exchequer to combat the impact of coronavirus on the British economy.

Grand Designs Live, the consumer home show run by exhibition organiser Media 10, has been postponed until the summer because of the coronavirus pandemic.

Fashion-to-furnishings retailer Laura Ashley says the coronavirus outbreak has prompted "an immediate and significant impact on trading" and will force it to file for administration.

Williams-Sonoma, the U.S. headquartered furniture and homeware conglomerate, has announced the temporary closure of its stores in North America.

A new week began with fewer shoppers but more grey hairs as footfall declined sharply and retailers consider the impact of increasingly draconian measures on society to stem the spread of coronavirus.

Upholstery and carpets chain ScS said order intake was up 3.3 percent in the seven weeks to March 14 but cautioned of falling footfall in recent days and said it would delay the release of its full interim results until nearer the end of the week.

Clerkenwell Design Week, originally slated for a May 19–21, 2020 dateline, has been postponed until later in the year because of the coronavirus pandemic.

New filings reveal size of Business Growth Fund stake.

Laura Ashley says it is in talks with an unnamed third-party lender regarding further funding else it will run out of cash and need to consider all options. That is despite a big bump in early 2020 sales.

Production at Natuzzi's operations in China are normalising as fears grow for its factories back in its native Italy amid the nationwide lockdown in the country.

A Staffordshire furniture manufacturer that had been restructured via a prepack administration process late 2018 has filed for insolvency for a second time in a little over a year.

Alteri Investors has appointed advisors to run an accelerated auction process of beds and furniture chains Bensons for Beds and Harveys, Sky News reported over the weekend.

At the end of January I wrote an article about the strength of Britain's independent furniture retail sector, underscoring the cash-rich nature of some of its companies.

The value of furniture stocks fell sharply Thursday as markets reacted to the escalating coronavirus pandemic. Upholstery rivals DFS and ScS — the U.K.'s two most prominent listed furniture businesses — saw their market capitalisations drop by a combined £84.4 million in a single day.

Maisons du Monde, the French furniture retailer that closed its four Debenhams concessions in the final part of last year, says it is expecting up to a mid single-digit top line decline because of supply chain disruption.

The spring edition of U.S. furniture trade fair High Point Market has been postponed, the latest world exhibition to fall foul of the coronavirus pandemic.

Four in five online shoppers bought beds without having tested the mattress in a store before purchasing according to new research commissioned by the National Bed Federation (NBF).

The competition watchdog has waved through the sale of Dewsbury carpet yarn supplier Lawton Yarns to new buyers, saying no third parties objected to the deal.

Heal's, the swish contemporary furniture and home accents retailer, has remodelled the ground floor of its flagship London store on Tottenham Court Road.

The Norwegian recliner giant behind the Stressless brand endured Brexit-related headwinds in the U.K. and Ireland market last year but sales in reporting currency were still close to flat.

The Italian Government last night announced that all bar the most essential services would shut down as the country tries to stem the spread of coronavirus.

Debenhams, the storied U.K. department store retailer, has hired headhunters to recruit a new chief executive with incumbent boss Stefaan Vansteenkiste to leave.

All retailers operating from properties with a rateable value below £51,000 will pay no business rates for a year under emergency measures introduced today by the Government in response to the coronavirus outbreak.

Headlam Group, Europe's largest floorcoverings wholesale group, has agreed to buy Lancashire distributor Supertex Furnishings from its private shareholders.

South East beds retailer Vic Smith Bedding says its won't repeat a newspaper advert that prompted complaints, insisting it had no intent to offend its multi-cultural customer base.

DFS says production volumes in China are increasing again after the coronavirus outbreak temporarily brought factories to a halt. But it cautioned it could face disruption elsewhere, including at its own U.K. operation.

Openings planned for the second half of 2020 will see sofa chain Sofology reach a half-century of stores by the end of this year.

DFS says it is actively reviewing the cost structure of its Sofa Workshop brand after the business unit took a hit from weak demand and a one-off systems issue.

DFS, Britain's largest upholstery retailer, booked lower half-year profits on cost headwinds, one-off factors and after revenue declined against strong comparatives.

The value of listed furniture companies across the world tumbled yesterday as coronavirus fears combined with a slump in the price of oil to send shares into freefall.

Carpe Diem Beds, the premium Swedish mattress manufacturer, last week opened its first U.K. retail showroom as it looks to expand its international reach.

La-Z-Boy U.K. has become a supplier to the Minerva furniture buying group, the British arm of the international recliner company has announced.

Heavy rain, often desired by furniture retailers as it is considered a boon to big-ticket footfall, dampened high street shopper numbers last month though had a less pronounced impact on retail parks.

Parts of northern Italy are in lockdown after the Government initiated extreme isolation measures to try and limit the rapid spread of coronavirus.

The discount department store retailer TJ Hughes has closed a small number of outlet stores after restructuring part of its operation through a prepack administration process.

Carpet maker Balta Group, Europe's largest textile floorcoverings manufacturer, said U.K. sales fell sharply in the final quarter as its customers reversed earlier spending patterns.

Carpet maker Burmatex shrugged off weak trading conditions to outperform the commercial floorcoverings sector last year.

Lee Longlands, one of the U.K.'s largest independent furniture retailers, lauded the performance of its continuing business in a year that saw its remaining stores trading under the Furniture Barn fascia close.

Axminster Carpets, the Devon carpet maker placed into administration for the second time in seven years last month, has been saved after a group of private investors acquired the business as a going concern.

Creditors of the no-longer-trading independent furniture retailer Holdens of Newark face an expected shortfall north of £800,000, the biggest sum being a collateralised intra-group balance.

The incoming chairman at John Lewis Partnership says breathing new life into the home merchandise segment of its department store chain is high among its priorities for 2020.

Next, the general merchandise retailer, is to launch an "extensive range of homeware, nursery and fashion items" under the Scion label after striking a deal with its brand owner.

Natuzzi says Pasquale Natuzzi, the founder and largest shareholder of the Italian sofa giant, has agreed to provide up to €15 million to the company "in light of the current extraordinary challenges faced by the group."

A dissenting taxman almost scuppered the company voluntary arrangement (CVA) between furniture wholesaler Content by Terence Conran and its creditors.

Snug Shack, the sofa-in-a-box business whose two co-founders have a combined 60 years furniture industry experience between them, says the brand has achieved its first year sales target.

Two of the U.K.'s leading organisations that champion good sleep yesterday launched the 'Wake Up Call' manifesto at Westminster in a bid to get the Government to push sleep higher up the public health agenda.

Higher costs and narrower gross margin countered the impact of an increase in revenue last year at Headlam Group, Europe's largest floorcoverings distributor.

U.K. upholstery sales climbed at pace in 2019 for the Thai owner of British sofa makers Alstons and Ashley Manor but foreign exchange and rising production costs pulled profits lower.

North West based living room and bedroom cabinet maker Klever Furniture has written to stakeholders including customers and suppliers saying it is no longer trading.



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