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Furniture retailer Dwell this weekend opened its eighth store and third in as many months as it continues to rebuild its store footprint.


The contemporary furniture and homewares retailer launched its latest store at the Forbury Retail Park in Reading, Berkshire.


Founder Aamir Ahmad rescued the then 24-store retailer in the summer of 2013 after it had fallen into administration under the stewardship of investment firm Key Capital Partners.


Five stores were saved as part of that deal, with the brand having since opened a sixth and seventh in converted warehouse space at the Tollcross and New Malden branches of DFS this summer.


The upholstery chain agreed a call option to buy Dwell at the time of its July 2013 rescue, which it subsequently triggered in August 2014.


Ahead of its IPO, DFS said it would look to open two to four Dwell stores in each of the next three years, believing each typical 5,000sqft unit could contribute an additional £1m in sales.