- Details
- RETAIL & DISTRIBUTION
A downsized Ponden Home Interiors will live on after parts of the bedding and household textiles chain were rescued along with its larger sister business, Edinburgh Woollen Mill (EWM), out of administration.
- Details
- ECOMMERCE
Home shopping group N Brown says a bigger proportion of revenue is coming from sales of home goods after customers pivoted spend away from other categories.
- Details
- RETAIL & DISTRIBUTION
The circa 1,000 store Dänisches Bettenlager retail chain is to rebrand as JYSK later this year, parent company Lars Larsen Group has announced.
- Details
- RETAIL & DISTRIBUTION
Furniture retailer The Cotswold Company said its decision to invest in inventory ahead of the pandemic has aided strong growth in 2020–21, mitigating the impact of Far East factory closures and enabling it to meet demand and fulfil orders.
- Details
- RETAIL & DISTRIBUTION
Dunelm Group, the out-of-town homeware and furniture retailer, said disruption shipping product from the Far East is beginning to normalise with delays shortening compared with before and the outlook improving.
- Details
- RETAIL & DISTRIBUTION
Dunelm Group has appointed experienced retail executive Arja Taaveniku as a non-executive director. She will join the furniture and homeware retailer's board from the middle of February.
- Details
- SUPPLY & WHOLESALE
The diversified furniture, mattress and home accents distribution group Gallery Direct built out revenue in 2019 including a 50 percent rise in U.K. sales. Profits fell on higher costs.
- Details
- RETAIL & DISTRIBUTION
Furniture retailer Loaf has appointed David Meredith, the former head of operations at John Lewis & Partners, as operations director.
- Details
- ECOMMERCE
Online retailer Very.co.uk booked near 50 percent growth in furniture and mattress sales in the run-up to Christmas as the ecommerce brand made the most of rivals' store closures and increased interest in home categories.
- Details
- RETAIL & DISTRIBUTION
Mike Coupe, who retired as Sainsbury's CEO after six years last spring, has become chairman at Oak Furnitureland, the hardwood furniture chain has announced.
- Details
- RETAIL & DISTRIBUTION
Designer furniture retailer Heal's slipped to a loss last year because of the impact of the pandemic along with one-time items. Online growth helped partially mitigate the impact of store closures on revenue.
- Details
- RETAIL & DISTRIBUTION
Danish furniture chain JYSK will take store numbers in Ireland to 12 with the addition of three more branches by the early summer.
- Details
- SUPPLY & WHOLESALE
Danish furniture wholesale giant Actona has launched a programme of desks and chairs specially designed for gamers and the home office.
- Details
- RETAIL & DISTRIBUTION
The md of home department store retailer Leekes says the business is in a strong position after navigating the challenges thrown at it through 2020 and as it prepares to reconfigure its store network.
- Details
- RETAIL & DISTRIBUTION
The U.K. trading arm of IKEA booked a £22.6 million net loss in the year to August 31 as surging ecommerce sales declined to mitigate the impact of the enforced closure of its stores through much of the second half of its financial year.
- Details
- REGIONAL
Fishpools says the strength of its online presence was apparent during the first lockdown and facilitated an extremely strong start once deliveries and its store were able to recommence, with demand continuing through 2020.
- Details
- RETAIL & DISTRIBUTION
Retail giant IKEA is to expand its city centre footprint with a new London store later this year.
- Details
- RETAIL & DISTRIBUTION
A multi-billion pound investment fund that supports the work and mission of the Church of England has disclosed a significant stake in ScS, Britain's number two upholstery specialist.
- Details
- RETAIL & DISTRIBUTION
Food and general merchandise retailer Marks and Spencer Group (M&S) described trading as robust in the third quarter of its fiscal year given the one-off restrictions and distortions caused by the pandemic.
- Details
- RETAIL & DISTRIBUTION
The owner of the Trago Mills out-of-town shopping destinations wrote down the value of investment property ahead of the pandemic last year, resulting in a vast accounting loss.
- Details
- RETAIL & DISTRIBUTION
Argos found sales growth in the period leading up to and through Christmas despite its standalone stores being unable to trade for long periods.
- Details
- SUPPLY & WHOLESALE
A management reorganisation helped speed up decision-making and boost profitability at household textiles giant Turner Bianca in 2019–20.
- Details
- SUPPLY & WHOLESALE
The company behind the Balmoral Furniture operation in Northern Ireland says it should break even in the year to March 2021 despite sales being hit by the pandemic.
- Details
- RETAIL & DISTRIBUTION
Sales and profits climbed at fashion-to-furniture chain Oliver Bonas ahead of the pandemic but the company said numbers pale into insignificance given the subsequent impact of the virus on its community.
- Details
- RETAIL & DISTRIBUTION
The liquidation of an East Midlands furniture company is the third business failure inside two years for its directors and leaves £1.6 million owing to the French VAT man.
- Details
- RETAIL & DISTRIBUTION
Full price sales were fractionally down at general merchandise retailer Next in the run-up to Boxing Day on the back of strong online demand and high home category sales.
- Details
- RETAIL & DISTRIBUTION
Business-to-business transactions supported by trade credit insurance will be guaranteed by the British state for another six months, the Government has announced.
- Details
- RETAIL & DISTRIBUTION
Shareholders in furniture retailer OKA Direct provided millions of pounds of new funding this year amid a recapitalisation of the upmarket British company.
- Details
- INTERNATIONAL
The company behind the multichannel U.S. furniture retailer Wisteria, bought by OKA Direct in 2018, is to be liquidated after its stores and website closed in the autumn.
- Details
- RETAIL & DISTRIBUTION
The overwhelming majority of furniture and flooring stores in England will be closed from today (Dec. 31) after the Government announced new anti-Covid restrictions across the country.
- Details
- RETAIL & DISTRIBUTION
Furniture retailer Made.com Design invested heavily in growth and distribution as both its top and bottom lines usurped historic records in 2019.
- Details
- SUPPLY & WHOLESALE
British furniture manufacturing output continued to accelerate deep into the autumn but total production levels remain well down on last year as a result of the pandemic.
- Details
- SUPPLY & WHOLESALE
North West wholesaler recovers sales following a I.T. virus attack in the spring of 2019.
- Details
- SUPPLY & WHOLESALE
Sales grew for a fourth straight year at northeast distributor Baker Furniture despite the first lockdown clipping the final weeks of its financial year. Profits also climbed.
- Details
- RETAIL & DISTRIBUTION
Parts of Midlands, South West and North will be only places to buy furniture in U.K. from Boxing Day
More counties in southern and eastern England will be placed into furniture purgatory from Saturday, putting paid to many retailers hopes to a strong start to the Winter Sale.
- Details
- REGIONAL
The md of two-store independent furniture retailer Cookes says the business is trading ahead of plan despite the obstacles thrown at it through 2020.
- Details
- SUPPLY & WHOLESALE
Cabinet imports climbed at their fastest pace in 18 months as distributors and wholesalers rushed to build inventory according to the latest Government figures.
- Details
- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Barker and Stonehouse returned to profit growth in the year to end March though delivered sales were lower as the end of its financial year coincided with the early weeks of the spring lockdown.
- Details
- RETAIL & DISTRIBUTION
Furniture and floorcoverings retailers in Scotland will be mandated to close from Boxing Day after the First Minister announced a tighter definition of non-essential retail for areas under the most severe anti-Covid restrictions.
- Details
- RETAIL & DISTRIBUTION
Market leader DFS said 2020–21 profits will likely be at the upper end of forecasts even though its business is being hit by continuing showroom closures, port disruption and a shortage of raw materials.
Stay informed. Access all news stories for under £2 per week:
