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One-time major U.K. cabinet distributor says it will record a loss for the first half of 2020.
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The vast Shrewsbury store formerly operated by Alan Ward has this week reopened under the Cousins Furniture fascia as it clears out stock acquired as part of the buyout.
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Online sales ramped for TJ Hughes during lockdown, with the discount department store chain saying its Internet business had "experienced exponential growth."
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Department store retailer Debenhams said a further 2,500 jobs would go across its U.K. store and warehouse network as it eliminates a variety of roles within the business.
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But profits fall as higher wage bill takes toll on administrative burden.
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Furniture retailers could book turnover earlier in the sales process under proposed law changes designed to protect consumers in the case of a retailer's insolvency.
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East Coast retail operation and online business will both remain closed, major chain says.
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Big-ticket home goods delivered for retailers in July as overall sales across the retail sector ticked up, according to a closely-followed monthly poll.
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Private equity company Advent International is to take a controlling stake in Hermes U.K., the parcel delivery company until now owned by ecommerce and retail giant Otto Group.
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Sales growth is returning according to soft furnishings group Walker Greenbank, whose Clarke & Clarke brand last month enjoyed its best yet since it signed a new distribution agreement.
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Britain's leading furniture and bed trade associations will today announce the launch of the Buy British Furniture Event, designed to encourage retailers to promote U.K. made products and support local manufacturers heading into the key autumn/winter trading period.
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Ecommerce flash sales fashion retailer BrandAlley U.K. has acquired the intellectual property rights to the Lombok furniture retail brand, its second major foray into the home merchandise sector.
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Furniture retailer AHF is heading to a retail destination that has historically attracted high footfall as the chain follows the revamp of its website with a rebuild of its physical store footprint.
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A number of Britain's premier independent furniture retailers have signed up to the Government's Eat Out to Help Out scheme, providing a hoped-for footfall boost through August.
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After a record quarter, Wayfair's annual revenue run rate across the U.K. and Germany is $1.4 billion (£1.07bn), according to Martin Reiter, head of Europe for the ecommerce home furnishings giant.
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Alteri Investors completed a prepack buyout of Bensons for Beds at the end of June but its interest in the remaining parts of what was Steinhoff's U.K. furniture and bedding operations did not end there.
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Houseology, the high-end furniture, lifestyle and interior design ecommerce brand, has relaunched after its assets were acquired by a former rival earlier this year.
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A survey of U.K. furniture makers suggests the effect of the lockdown has been worse than anticipated, according to the British Furniture Manufacturers (BFM).
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Sales of homeware including furniture rose by more than a third year-on-year in July as retailers made the most of pent-up demand and consumers' inability to spend their cash elsewhere.
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Home furnishings retailer Wayfair almost doubled sales in the second quarter with its CEO believing the step change among consumers to buy online will prove permanent.
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The privately-owned franchisee behind the BoConcept brand in Canterbury has partnered a local property developer and builder for a high-end housing scheme in Kent.
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James Gillies Lornie, the third-generation former managing director of privately-owned Scottish furniture retailer Gillies, has died. He was 84 years old.
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Grandeco Wallfashion Group, a pan-European interiors company based in Belgium, has agreed to buy Darwen wallpaper specialist Holden Decor from its private shareholders.
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John Findlay, salesman at privately-owned retailer Barker and Stonehouse since 1997, is to retire after achieving 50 years in all working across the furniture industry.
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Designer furniture and homeware retailer Heal's is not looking to immediately rebuild store numbers after closing its Midlands showroom. It will instead look to bolster its ecommerce business.
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A slew of top name furniture companies have departed the Mailbox, the high-profile home retail destination launched late 2017 to accommodate leading furniture and lifestyle brands.
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From rehiring employees to fulfilling outstanding orders, the acquisition of Alan Ward's Shrewsbury store and liquidated stock by furniture retailer Cousins will mitigate the impact on individuals and companies affected by the failure of the former operating company.
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A VC that backed Farfetch, Peloton and Deliveroo has led a £3 million funding round for an ecommerce home decorating startup that launched on the first day of lockdown.
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FIRA International has awarded Humanscale, the designer and manufacturer of ergonomic products, an Ergonomics Excellence Award for its FR 500 Ergonomics Foot Rocker.
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PwC will ask creditors for the approval of over a million pounds of pre-administration costs which accumulated from itself and other advisors ahead of the prepack sale of Bensons for Beds to the investment firm that already owned it.
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Interest from the U.K. furniture trade in the best-performing units operated by retail chain Harveys is high, according to sources close to the sale process.
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Fashion-to-furniture retailer Next said it outperformed the best-case scenario it had modelled for the second quarter with home goods a key driver. Sales were still well down on the same period last year.
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The administrator of the group behind the Bensons for Beds and Harveys chains has detailed its outstanding liabilities at the time of the insolvent restructure late last month. Unsecured creditors of the retail unit are to get back no more than two pence in the pound.
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Profits were down by a third for one of the country's largest privately-owned bedding and home textiles manufacturers last year after a double-digit decline in sales.
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Upholstery, cabinet and beds retailer Loaf has extended its warehouse contract with Wincanton. It will become the first beneficiary of the third-party logistics specialist's new dedicated ecommerce facility in the Midlands.
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Alteri Investors acquired Blue Group debt as part of the original buyout of what was Steinhoff's U.K. bedding and furniture operation. That meant it was the sole secured creditor ahead of the later prepack, with the sale consideration reducing the amount Alteri was owed.
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A Lancashire and Yorkshire department store business with a large online operation said it has enjoyed a sales fillip thanks to more people being at home this year.
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Oak Furnitureland, bought by global investment manager Davidson Kempner Capital Management earlier this year, is to shed a quarter of its retail estate following a review. It has named all 27 stores earmarked for closure.
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Birlea Furniture recruited two of the best known figures in the U.K. furniture industry to lead the launch of the first new products from Willis & Gambier, the premium cabinet brand it acquired last year.
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A loan provision and the decision to write down slow moving and obsolete stock ahead of a major range overhaul hit profits at decorative lighting group Elstead last year.
