The prospective new owner of Carpetright has been given the backing of the flooring retailer's board and says the chain can thrive "without the constraints of a public market listing."

New stores helped fire growth at expanding floorcoverings retailer Connection Retail in 2018–19, during which underlying sales advanced nearly a fifth.

Organisers of the BFM Fabric Show London have opened the registration process for upholstery and bed fabric buyers to attend the 2020 edition.

French furniture and home accents retailer Maisons du Monde says it has decided to close all of its concessions inside Debenhams, dealing a blow to the department store retail chain.

Two of the U.K.'s largest furniture landlords have cited retail as the weak link in the property market as the value of their portfolios declined amid structural change impacting the sector.

Shop Direct says it has sourced £150 million of committed funding it requires following "an unexpected late surge" in payment protection insurance (PPI) claims ahead of the late August deadline.

Austrian furniture giant XXXLutz — one of the three largest retailers in the category worldwide — now operates across 12 European countries, though not yet the U.K.

Grocery and general merchandise discounter B&M is entrenching its position in the furniture sector, citing the category among its biggest gainers in the six months to end September.

Upholstery warehouses across the U.K. are full to bursting after imports of sofas arrived in record numbers ahead of Britain's planned, but ultimately delayed, exit from the European Union.

Sales of home merchandise were down for the fourth straight week at department store retailer John Lewis & Partners but the rate of decline narrowed to low single figures.

Cabinet furniture imports rose mid single-digits in September led by rising shipments from key Far East markets including China, Malaysia and Vietnam.

Shortening lead times and further boosting its sustainability credentials are priorities for IKEA in the U.K., the country's largest retailer of home goods has disclosed.

The British Furniture Manufacturers (BFM) has unveiled a new brand identity which it says has been designed to take the trade association forward and ensure it remains at the heart of the British furniture industry in the long term.

Italian upholstery giant Natuzzi will open five further Natuzzi Editions stores in the U.K. over the festive season and has identified more locations to expand the fascia here through 2020.

Foam and sprung mattress imports into the U.K. ended the third quarter on a high after increases from Poland and China, the two largest sources of foreign-made products sold here.

The South East holding company behind the motion upholstery and beds brands Ashley Anderson and Willowbrook continued to expand in 2018–19. Profits declined on thinner margins.

Imports of carpets into Britain jumped double-digit in September after a return to form for manufacturers in Belgium, the U.K.'s largest trading partner in the category.

Heavy rainfall failed to boost furniture retailers as out-of-town shopping parks attracted fewer shoppers on an annual basis for the first time since the summer.

Spring maker Leggett & Platt, one of the biggest suppliers to the British bed manufacturing sector, booked lower profits in the U.K. after higher input costs combined with lower output.

Beales, the management-owned department store retailer, has bolstered its presence on Britain's South Coast with a new unit at Fareham Shopping Centre.

Sales advanced for the second straight year at the privately-owned group behind three heritage department stores and the Slumber Slumber ecommerce beds website.

Mamas & Papas, the national nursery retailer that sells furniture spanning mattresses to wardrobes, chests and bedside cabinets, is closing six stores and laying off nearly 130 staff through an insolvent restructure.

Despite the rise in the popularity of luxury vinyl tile, wood flooring and ceramics, carpets remain the floorcoverings of choice for most dry rooms in your average British home.

Lawyers acting on behalf of premium British bed manufacturers Savoir and Vispring have shared correspondence, with the former frustrated with the latter over the naming of the models in a recently-introduced product line.

IKEA's Internet business in Britain is now worth more than £400 million in annual sales after more of its customers shopped online in 2018–19 but fewer walked its vast stores across the country.

Variety retailer Argos said it took a bigger share of the furniture market in the first half of its financial year, despite an overall decline in general merchandise sales.

Regional window dressings manufacturer and retailer Homefair Blinds has been sold to its management team in a transaction that provides an exit for its former owners.

Network sales across the 22-store Carpets4Less franchise — which operates 22 stores across England — held firm for the second straight year in 2018–19.

Sales climbed at Sussex and Surrey retailer Collingwood Batchellor in the year to January 27, 2019 with the furniture and department store operator having since gone on to find additional ways to deploy its assets.

Belgian carpet maker Balta Group sold more in the third quarter after improved sales in its commercial business and as a result of some of its British customers making preparations for Brexit.

H Partners, the activist investment company that campaigned successfully for management change at Tempur Sealy International four years ago, has reduced its stake in the business.

Howdens, the major kitchen maker that sells to consumers through small builders and installers across its vast depot network, made late summer/early autumn gains as it continued to open new sites.

Food and general merchandise retailer Marks and Spencer Group (M&S) said weak clothing and home sales were contributing factors in weaker half-year results, during which underlying profits fell.

ScS, the national upholstery and carpets specialist, is primed to boost shareholders' earnings-per-share in a transaction that sees its former outright owner sever further ties with the business.

The Danish company that bought a key supplier to the U.K. carpet industry has been given a week to offer solutions to competition concerns else antitrust regulators will step up their inquiry into the deal and could force its reversal.

Difficult market conditions in the interior design sector made life tougher for furniture, lighting and home accents company Porta Romana in 2018–19, but cash climbed and EBITDA remained north of £2.3 million.

After big promotion-driven gains in September and early October, sales of home merchandise at John Lewis & Partners fell sharply for the third straight week.

Matt Williams, CEO at smooth flooring and wallcoverings retailer Topps Tiles, has decided to resign and will leave the board at the end of the month. Current chief financial officer Rob Parker, also a Topps veteran, is his replacement.

The company behind the Elphicks of Farnham department store business and a separate bed shop in Dorking cut its net loss in half in the period preceding the closure of its New Malden store this summer.

Made-to-measure cabinet maker and retailer Neville Johnson grew revenue and claimed a bigger share of a challenged market in the year to April 30, but profits declined on narrower margins.

Retail sales beat year-earlier levels in October after retailers — in particular apparel stores — slashed prices to stimulate activity, according to the British Retail Consortium (BRC).

A return to sales growth helped 2018–19 profits inch forward for Yorkshire and Teesside based floorcoverings retailer Calverts Carpets.

Ecommerce group Shop Direct, owner of the Littlewoods and Very brands, has appointed former Clarks executive Ben Fletcher as group chief financial officer.

Shallower margins hit profits at South Coast furniture and department store retailer Bradbeers in 2018–19 despite continued top line growth. A property revaluation impacted reported net income.

Home furnishings ecommerce giant Wayfair recorded a wider loss in the third quarter citing greater-than-anticipated impact from tariffs, which in turn led to customers extending the 'think time' before buying.

Oldrid & Co., the privately-owned company behind the furniture and department store fascia Oldrids and Downtown in Lincolnshire, said the acquisition last year of additional land ahead of a major new development protects the asset.

Margins widened at soft furnishings company Gordon John Textiles in the year to March 31, 2019 after it made the decision to reduce low margin turnover and seek more profitable customers.

Organisers of The Furniture Awards have opened the entry process for the 2020 edition and confirmed who will be the judges. Winners will be named at the January Furniture Show.

Shop Direct, owner of the Very and Littlewoods brands, said furniture and homeware sales returned to growth in the six months to end June after a series of initiatives yielded positive results.

Tempur Sealy International, the world's largest bedding producer, said the past quarter was its best ever as it delivered double-digit top and bottom line growth.

But margin swing and higher tax charge contributes to profits halving for the three-store business.

For the eighth straight month, the score used to measure big-ticket consumer confidence moved in the opposite direction to that in the period immediately prior.

The CEO of Tempur Sealy International told analysts on its Q3 earnings call that rival Casper Sleep, said to be exploring an IPO, is less relevant to the company than other competitors.

Flooring market leader Carpetright could be taken private after it began discussions with Meditor European Master Fund, a lender and shareholder in the retailer, regarding a possible takeover with a debt-for-equity swap to transform its capital structure.

The book value of the group behind retail department store giants Selfridges, Brown Thomas and Arnotts has been transformed after it satisfied outstanding debt following a share issue.

Another leap in sales helped North West bedding producer and licensee Comfy Quilts mitigate the impact of trading headwinds in 2018–19. The company maintained profits.

Marks and Spencer (M&S) is for the first time introducing a buy now pay later option for online shoppers of furniture and other goods above a certain price threshold.

Full price sales climbed ahead of guidance for general merchandise retailer Next in the third quarter, but at a slower rate than in the first half of the year.

Former head of home and furniture buying at Shop Direct appointed to key role at Steinhoff UK Retail, the company behind the Bensons for Beds and Harveys businesses.

Privately-owned store group Oldrid & Co. cut its deficit by two thirds and slowed the rate of sales decline for high value items such as furniture in 2018–19.

To read the full story: