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The CEO and president of JYSK is to be promoted to a newly-created role by the Danish retailer's parent company in a move that frees him up to focus on group acquisitions and development.
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- RETAIL & DISTRIBUTION
Furniture retailer Made.com Group (MADE) ended the first half with an outsized order book as high demand combined with extended lead times. Foreign exchange and freight cost inflation narrowed margins.
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- RETAIL & DISTRIBUTION
Sofa and carpets retailer ScS has partnered interior designer and TV star Laurence Llewelyn Bowen, introducing a new upholstery programme across its stores and online.
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- RETAIL & DISTRIBUTION
Local planning officials have reaffirmed approval for a Designer Outlet in Grantham incorporating a new Downtown at Home store, almost four years since plans were first submitted.
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Record levels of furniture are being despatched out of British factories but nowhere near enough to satisfy demand and bring lead times down to historical norms.
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When the Prime Minister announced the first lockdown back in March last year the fear across the British furniture industry was palpable. Thick red lines were drawn through expense budgets and manufacturers up and down the country prepared for an unwanted game of who could hold their breath for longest.
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- RETAIL & DISTRIBUTION
Furniture brand Timothy Oulton will grow its retail footprint in central London after agreeing a lease in the neighbourhood bridging the city's financial and creative communities.
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Wincanton, the fulfilment partner to brands including IKEA, Loaf and Snug, has acquired logistics company Cygnia from private equity in a deal worth £23.9 million. It has also hired a new md for its Digital and eFulfilment business division.
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- RETAIL & DISTRIBUTION
The U.K. might in time become a billion dollar market for RH, the luxury furniture retailer formerly known as Restoration Hardware, but its CEO has put a more conservative range on its first-year potential.
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- RETAIL & DISTRIBUTION
IKEA will make its biggest financial and strategic investment in British city centres yet with the acquisition of the long leasehold to the building housing the former Topshop flagship store in central London, according to reports.
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- RETAIL & DISTRIBUTION
Strong sales of general merchandise products have negated the need to discount and will result in better-than-expected profits according to value variety retailer B&M.
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BoConcept said the international nature of its franchisee-network has helped shield the modern furniture company from the impact of Covid, with it looking to continue to expand its retail footprint in the next year.
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An online furniture marketplace that filed for insolvency last month has no realisable assets and will leave creditors facing combined debts north of £600,000, according to a new report.
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Retail and commission revenue declined in 2020 for the U.K. arm of Poltrona Frau, the U.S.-owned Italian designer furniture company.
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- RETAIL & DISTRIBUTION
Dunelm said upholstery is among the developing categories it wants extend further into as part of plans to grow its current 1.3 percent share of the furniture market.
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- RETAIL & DISTRIBUTION
Dunelm posted bumper double-digit top and bottom line growth in the year to June 26 despite its vast U.K. store portfolio being closed for more than a third of the year.
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The early stages of the pandemic failed to make significant dents in rental returns for the owner of the Design Centre at Chelsea Harbour, home to dozens of high-end third-party furniture and interiors showrooms.
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- RETAIL & DISTRIBUTION
National bed specialist Bensons for Beds will this weekend open a new store in Sheffield, maintaining its presence on the Drakehouse Retail Park.
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- RETAIL & DISTRIBUTION
Sleep Solutions is now the operator of direct-to-consumer pillow brand Kally Sleep in addition to online rug and homewares marketplace Woven after a deal announced early September.
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The companies behind the home shopping brands Freemans and Grattan have seen a big shift to homewares since the pandemic started, citing changing customer needs amid extensive lockdown periods.
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- RETAIL & DISTRIBUTION
Buoyant demand for furniture and home furnishings couldn't prevent store numbers declining in the first six months of this year as retailers closed more shops than they opened.
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- RETAIL & DISTRIBUTION
Sussex Beds has just pulled up the shutters on its twelfth store but has no plans to stop there. A thirteenth will open before the end of 2021, its third new shop this year.
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Chris Box has been appointed group manufacturing director at Gallery Direct, the diversified furniture, mattress and home accents designer, producer and distributor.
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A U.K. based ecommerce marketplace selling a wide variety of furniture and home décor that has had new backing since the spring has now been placed into liquidation.
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- RETAIL & DISTRIBUTION
Department store retailer John Lewis & Partners has revisited a dedicated popup concept for its new Anyday range, seeking to raise the profile of the keenly-priced furniture and homeware programme.
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- RETAIL & DISTRIBUTION
Swedish fashion retail conglomerate H&M Group is expanding the U.K. footprint of its H&M Home banner, bringing the category to shoppers in its easternmost location to date.
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Sleep Solutions, the company behind U.K. direct-to-consumer pillow specialist Kally Sleep, has acquired Woven Rugs, an online rug and homewares marketplace trading as Woven.
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Ecommerce giant Wayfair has named a former senior executive at Amazon Germany as successor to Martin Reiter, who has left the home and garden retailer after nearly eight years running its European operations.
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Sanderson Design Group is to introduce a new direct-to-consumer (DTC) brand that will include a furniture element among its offer. It will have its own dedicated ecommerce website and sell additionally through Selfridges, the department store retailer.
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- RETAIL & DISTRIBUTION
Harvey Norman, the Australian furniture and electricals retailer, has outlined plans to build a bigger business in Europe including entering its fifth market here and expanding further in Ireland.
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Bedding and upholstery components distributor Handy has acquired the non-zip related assets and sales of fellow supplier Aero Zip, further expanding a product roster already numbering over 1,500 items.
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- RETAIL & DISTRIBUTION
Harvey Norman’s two-store Northern Ireland business delivered a first-ever full year profit in 2020/21 while its much-larger Ireland operation also flourished despite Covid shutdowns.
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British furniture manufacturers are increasingly bullish according to a new poll but have concerns over the availability of labour, which is threatening to further delay the production and delivery of goods.
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- SUPPLY & WHOLESALE
Foam conglomerate Recticel reported double-digit revenue and profit growth from the business unit supplying U.K. mattress and sofa manufacturers in the first half of this year.
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- RETAIL & DISTRIBUTION
The Cotswold Company has promoted Lynsey Dorman to the role of art director with a brief to oversee the furniture retailer’s brand position and purpose.
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- RETAIL & DISTRIBUTION
Bensons for Beds will this week strengthen in north London with the opening of a new concept store near a unit it formerly shared with Harveys.
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- RETAIL & DISTRIBUTION
Designer furniture and homeware retailer Heal’s will augment its brick-and-mortar footprint in the North this week after taking a space in a landmark department store.
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Ecommerce retailer U.K. Flooring Direct combined positive operating cashflow with new debt and equity funding in 2019/20 to boost its future growth prospects.
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- RETAIL & DISTRIBUTION
Home and garden retail giant IKEA is said to have reached an agreement to pre-let a 450,000sqft new-build logistics facility in the South East of England.
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- INTERNATIONAL
Design retailer The Conran Shop has opened its first store since the business was sold to new investors early last year with a launch in the Far East.
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Sanderson Design Group will advertise on television for the first time ever with its Harlequin brand to use the medium for the consumer launch of its new Own the Room campaign.
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- SUPPLY & WHOLESALE
Restructuring advisors are targeting the sale of the business and assets of Whiteleaf Furniture after the manufacturer was placed into administration earlier this month.
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- RETAIL & DISTRIBUTION
Northern Ireland based retailer S.D. Kells grew profits in 2020/21 despite the pandemic ending hopes of it achieving ten straight years of top line growth.
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- SUPPLY & WHOLESALE
The group behind home and giftware wholesaler Lesser & Pavey increased profits in 2020/21 as it found top line growth amid a turbulent trading backdrop.
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- REGIONAL
The recapitalised Lee Longlands group bounced back strongly from the impact of the initial spring lockdown to put it firmly back in profit through the 2020/21 trading period.
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Furniture, beds and home accents supplier Gallery Direct is to open a large distribution centre near Chesterfield early next year.
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A "perfect storm" of high demand and supply chain delays could lead to never before seen cut-off dates for pre-Christmas furniture deliveries, according to the md of BFM, the trade association for British Furniture Manufacturers.
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- RETAIL & DISTRIBUTION
U.K. furniture and lighting retail sales continued their double-digit ascent in July despite anecdotal reports that demand is beginning to normalise after the post-lockdown surge.
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- RETAIL & DISTRIBUTION
Danish furniture and homewares retailer JYSK says it will continue to plough investment into the U.K. market, opening new stores and revamping existing shops. It is also on the lookout for available units.
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- RETAIL & DISTRIBUTION
Consumer sentiment towards major purchases such as furniture fell for the first time in four months in August as focus switched from spending to saving, according to GfK, the polling company.
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The pandemic clipped the wings of the U.K. upholstery industry more than other furniture segments as the value of the market here last year fell to its smallest level since 2013.
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- RETAIL & DISTRIBUTION
Marks and Spencer Group (M&S) said sales across its Clothing and Home business segments are almost double last year's level as it bounces back from the impact of store closures.
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The company behind expanding furniture search engine website Ufurnish (ufurnish.com) has raised almost half a million pounds from the issue of new shares in the business.
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Westwing, the pan-European home and lifestyle retailer that specialises in time-limited online sales, is to expand distribution capacity with a seventh warehouse.
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Colefax Group, the listed furnishing fabrics, wallpaper and upholstery supplier, has announced a Tender Offer at an elevated price that could boost returns for both existing and residual shareholders.
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Input price inflation for British furniture makers increased for an eleventh straight month in July as producers continued to wrestle with never-before seen pressures.
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Shares in Likewise Group, the challenger flooring distributor founded by former Headlam officials including its ex-CEO Tony Brewer, began trading on London's Alternative Investors Market (AIM) for the first time on Wednesday.
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- RETAIL & DISTRIBUTION
Bensons for Beds new eight-week advertising campaign went live Wednesday with new creative looking to reinforce the importance of sleep and its own deep expertise on the subject.
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Ecommerce furniture, home décor and lighting retailer Cox & Cox maintained upwards sales momentum in its second quarter, though growth slowed as rival store-based operators reopened.
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Sarah Bianchi, who became md at Arighi Bianchi earlier this year, says one of her principal objectives is to build the national profile of the Cheshire furniture retailer, challenging rivals such as John Lewis, MADE and Next.
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Home improvement and DIY retailer Homebase will add two more stores to its estate by the end of 2021 after it confirmed the location of its planned return to Bradford, West Yorkshire.
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The Very Group, the ecommerce retailer and one of the largest vendors of furniture in the U.K., has refinanced existing debt with a new long-dated bond that also reduce its cost of borrowing.
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Natuzzi is opening up its iconic showrooms at High Point, North Carolina to its compatriots, renaming the ship-shaped building as Casa Italia and welcoming in other Italian furniture companies.
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Danish furniture and homewares retailer JYSK will take its Irish store footprint to 15 with the addition of six more branches before the end of 2021.
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Home24, the Berlin based furniture retailer that trades across seven European markets but not yet Britain, invested heavily in growth as sales jumped 47 percent in the first half of 2021.
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British furniture manufacturers' output reached its highest level since November at the beginning of summer according to new figures from the Office for National Statistics (ONS).
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Furnishing fabrics, wallpaper and upholstery supplier Colefax Group doubled profits in 2019/20 despite the pandemic hitting markets worldwide.
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- RETAIL & DISTRIBUTION
Hilding Anders is having another crack at the U.K. bed market, backing a new brand that will tomorrow open its fourth store in the South East with another to follow soon after.
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- RETAIL & DISTRIBUTION
Department store retailer John Lewis & Partners has signed an agreement with Tesco to lease a 1 million sqft distribution centre at Fenny Lock, Milton Keynes.
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Independent furniture retailer Harrison & Brown has expanded the display area of its Sunderland store by converting the top floor of its city centre building.
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It is now well over a year since the transaction that divorced Harveys from Bensons for Beds and business is robust and the path to growth is clear, says chief executive Mark Jackson.
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- RETAIL & DISTRIBUTION
Nick Collard has joined Bensons for Beds as its first chief commercial and digital officer while the retailer is also close to appointing a new chief operating officer.
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- RETAIL & DISTRIBUTION
Neptune has written to customers saying it will lift prices in response to changes to its own input costs that it has never previously experienced in 25 years.
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- REGIONAL
The owner of home, furniture and department store retailer Bakers and Larners says it endured one of its most challenging years on record as it grappled with both the impact of Covid and a serious fire, which destroyed one of its supermarkets.
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- RETAIL & DISTRIBUTION
Williams Sonoma, the U.S. owner of the West Elm and Pottery Barn retail banners, has agreed a licensing deal for the Morris & Co brand covering a broad range of products.
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- RETAIL & DISTRIBUTION
Consumers continued to spend more in shops and online in July but growth has begun to plateau according to two closely-followed retail sales surveys.
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- RETAIL & DISTRIBUTION
Soho Home, the furniture, interiors and lifestyle retail arm of the private members club Soho House, will next month open a flagship London showroom where it will floor its entire range for the first time.
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- RETAIL & DISTRIBUTION
The Original Factory Shop, which began selling furniture online for the first time this summer, deleveraged during a just-chronicled refinancing process.
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- REGIONAL
Bury St Edmunds independent retailer Direct Furniture has acquired the freehold to a former garden centre in the town. It will become its second store.
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The company behind the JTF Mega Discount retail fascia has filed a third notice of intent (NOI) to appoint administrators, a sign a deal to salvage part of the operation may be imminent.
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International markets continued their ascent for Wayfair in the second quarter as the ecommerce home giant posted a rare overall slide in sales on exceptional comparatives.
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Julian Charles, the turnaround investor-backed soft furnishings chain, found cost savings to reach breakeven at the EBITDA line in the six months to April, and says it can improve further by next year.
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- REGIONAL
North West home department store retailer Housing Units has revamped part of its ground floor with the launch this week of a new concept targeting the urban living market.
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- RETAIL & DISTRIBUTION
Bensons for Beds will this weekend open two new stores in locations where it previously traded from co-occupied units before it became a standalone business last year.
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- RETAIL & DISTRIBUTION
A longstanding investigation by the U.K.'s competition watchdog is over after it reversed the sale of an ecommerce window dressings retailer to a home furnishings giant.
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- REGIONAL
Sales, rental income and profits declined at Andersons of Inverurie in 2019/20 amid the impact of coronavirus restrictions. However, cash generation was stronger.
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Expanding kitchen maker and retailer Wren will add around 300 new jobs in Lincolnshire as a result of its previously-signposted new worktop plant in Lincolnshire.
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Veteran luxury goods executive Daniel Lalonde has been appointed CEO at Design Holding, the international company behind the B&B Italia, Flos, Louis Poulsen and Arclinea brands as well as U.S. ecommerce platform YDesign.
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Bedding and household textiles importer and distributor Rapport Home found big profit growth despite sales dropping by £3 million last year.
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East Midlands upholstery, cabinet and beds distributor Birlea Furniture continued to find profitable growth despite the pandemic in 2019/20 and looks set for more this year.
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Danish furniture retail conglomerate JYSK will expand its Yorkshire store footprint when it opens a new showroom in Leeds later this month.
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A big bump in revenue in the first half has put international furniture and home décor retailer Maisons du Monde on target for record sales in the U.K. this year.
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North West workplace furniture maker Senator International continued to remain profitable despite seeing a forecast pandemic-related drop in turnover crystallise last year.
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- RETAIL & DISTRIBUTION
Stakeholders have strengthened the balance sheet of The Conran Shop, the international modern furniture, design and homeware retailer, via an equity issue.
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The pandemic impacted revenue and costs for workplace and home office furniture giant Bisley in 2019/20, resulting in losses widening. Cash generation remained strong.
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Reacting to online demand and the acquisition of an ecommerce marketplace retailer boosted sales at the West Yorkshire company behind the Melrose Interiors brand last year.
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Wholesale giant Headlam says high demand for residential carpets and other floorcoverings has helped mitigate weak figures from the commercial sector.
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The pandemic and the collapse of home furnishings retailer Laura Ashley came ahead of a prominent window dressing supplier completing an insolvent restructure earlier this year, leaving creditors facing a shortfall.
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Double-digit wholesale growth negated falling sales at Kettle Interiors U.K.'s retail division in 2019/20, though rising costs weighed on the cabinet company's profits.
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The U.K. arm of diversified furniture fittings and ironmongery giant Häfele Group found profit growth last year despite a double-digit decline in revenue because of the pandemic.
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- RETAIL & DISTRIBUTION
Nobia, the Swedish kitchens conglomerate whose interests include U.K. retail chain Magnet, enjoyed a strong sales bounce back here in the second quarter on store reopenings and weak comparatives.
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- RETAIL & DISTRIBUTION
Department store retailer John Lewis & Partners has appointed Kathleen Mitchell, md at fashion brand Accessorize, as trading director.
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Ecommerce represented almost a quarter of IKEA's business in Ireland through 2019/20 as customers pivoted online while its large Dublin store was closed.
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Andrew Porter UK has rebranded its furniture and homeware storage and fulfilment entity as AP+, specialising in end-to-end third-party logistics (3PL) solutions from its 300,000sqft purpose-built facility.
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- REGIONAL
Development work to complete an online trading platform is continuing at pace says South East furniture retailer Hatfields, with the pandemic having reinforced the urgency of an ecommerce channel.
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Retail sales of furniture and lighting climbed again in June against both the weak comparatives of last year and equivalent 2019 data. However, growth was at a softer pace as consumer demand began to abate.
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A discount variety store retailer with 12 shops across the U.K. has filed a second notice of its intent to appoint administrators ahead of a hoped-for sale of the company.
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The merger between furniture conglomerates Herman Miller and Knoll will lead to the creation of MillerKnoll, which will become the new name for the combined corporate entity.
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- RETAIL & DISTRIBUTION
Sterling Furniture Group has reopened its Glasgow showroom after a remodelling project that has seen it become the third Sterling Home concept store.
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- RETAIL & DISTRIBUTION
The consumer confidence index for major purchases turned positive for the first time since the pandemic started this month, reaching its highest level since February 2020.
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Premium furniture brand Roche Bobois has enjoyed fast order and revenue growth so far this year but the U.K. uplift has trailed behind the global trend.
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Howdens, the trade kitchen and joinery products supplier, says it now believes there is the scope for 900 U.K. depots, 50 more than previously targeted.
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Baby boomers buying garden furniture helped drive revenue during the pandemic for the home, garden and leisure retail group behind brands such as Scotts of Stow last year.
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London contemporary furniture and homeware retailer Cult Furniture built revenue, profits and cash amid the disruption of Covid and Brexit.
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A new online marketplace targeting interior designers with samples of fabrics, flooring, wallcoverings and other interior materials is gaining traction, with more 40 brands now signed up.
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- RETAIL & DISTRIBUTION
Better-than-expected trading driven by home sales has prompted fashion-to-furnishings retail giant Next to decide to repay a chunk of the business rates relief it has received from the Government.
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- RETAIL & DISTRIBUTION
U.K. furniture and floorcoverings retailers will be compelled to use Alternative Dispute Resolution (AFR) under new proposals put forward to protect consumers by the Government.
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A return to more normal margin levels boosted profits for the company behind LPD Furniture in 2019/20 with its furniture division achieving big sales growth despite the pandemic.
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The luxury interior design and furnishings group behind the Morris & Co brand has cited post-Brexit demand for British-made goods among three positive sales drivers this year.
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- RETAIL & DISTRIBUTION
Fast-growing family-owned retail chain Sussex Beds will reach a dozen stores next month with it continuing its expansion into neighbouring counties in South East England.
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North East cabinet manufacturer and retailer Funky Chunky Furniture has more than doubled sales as it benefitted from the channel shift to ecommerce and higher home furnishings spend.
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Lower costs and rising average sales values helped kitchen retailer Harvey Jones narrow its net loss last year despite the impact of Covid on delivered business.
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One of the U.K.'s largest decorative lighting suppliers took a large six-figure bad debt charge following Laura Ashley's closure last year, while the pandemic exacerbated the impact on profits.
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Officials at J.P. Morgan have exercised an over-allotment option to acquire shares in Made.com Group (MADE) as part of the furniture retailer's initial public offering (IPO).
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Owners of The Very Group, one of the U.K.'s largest retailers of furniture and home goods, have hired advisors to explore a possible initial public offering (IPO) or partial sale of the company.
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Privately-owned ecommerce retailer Furniture Box has agreed terms on a new distribution centre facility near its Wiltshire headquarters.
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- RETAIL & DISTRIBUTION
The chief executive of United Carpets Group, Britain's third largest floorcoverings retailer, became the sole owner of the Yorkshire based company earlier this year.
- Details
- RETAIL & DISTRIBUTION
1,000 shop roles will be made redundant across John Lewis department stores and Waitrose supermarkets, parent John Lewis Partnership (JLP) has confirmed.
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- RETAIL & DISTRIBUTION
Consumer price inflation (CPI) for the combined furniture and furnishings categories increased for a fourth straight month in June, reaching a 47-month high.
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- REGIONAL
Independent retailer Hafren Furnishers will open a second store in Mid Wales after town planners approved proposals for the conversion of a former print works near Aberystwyth.
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June saw even larger double-digit growth in annual input costs for U.K. furniture makers with a shift in the main raw materials affected, according to figures out Wednesday.
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The U.K. arm of French designer furniture label Ligne Roset recorded a fourth straight loss in a year where revenue declined as a consequence of pandemic disruption.
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- RETAIL & DISTRIBUTION
Home retailer Dunelm Group is pushing further into the furniture category by building a large distribution centre for bulky goods in the East Midlands. It will be operational within 12 months.
- Details
- RETAIL & DISTRIBUTION
Revenue dropped by nearly a third for upholstery importer Scan-Thors (UK) through 2019/20 with the West Yorkshire company citing the dual impact of the pandemic and the closure of Laura Ashley, a significant customer.
- Details
- REGIONAL
The new company behind the renascent department store retailer Beales is to reopen in a third site formerly occupied by its predecessor operation.
- Details
- SUPPLY & WHOLESALE
Living, dining and bedroom wood cabinet imports have reached never-before seen levels in the first five months of 2021 despite well-publicised supply chain challenges.
- Details
- RETAIL & DISTRIBUTION
One of the largest owners of retail property in the furniture and home goods sectors says revenue and footfall remains well off pre-Covid levels but retail parks are faring far better than in-town destinations.
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Amara Living, the Essex based high-end interiors ecommerce retailer, has appointed Matthew Butlin to the newly-created role of chief technology officer.
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IKEA has opened a large format store in the U.K. on average once every 18 months since it arrived here back in the late 1980s. Compare with Germany, where the opening rate is closer to one every 10.
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- SUPPLY & WHOLESALE
Supply chain challenges continued to impact U.K. furniture makers at the end of spring with manufacturing turnover still well down on pre-pandemic output.
- Details
- RETAIL & DISTRIBUTION
Creditors of a 12-store discount store chain selling everything from furniture to fast moving consumer goods (FMCG) are on alert after the retailer filed a notice of its intention to appoint administrators.
- Details
- RETAIL & DISTRIBUTION
Lars Larsen Group has completed its takeover of 16-store Swedish mattress chain Sängjätten, vendor Beter Bed Holding announced Friday morning.
- Details
- SUPPLY & WHOLESALE
North West home furnishings supplier Cleland McIver grew profits despite lower output last year and says it is proposing steps to strengthen cashflow amid supply chain disruption.
- Details
- SUPPLY & WHOLESALE
The circa £170 million timber group that runs businesses including wood based panels supplier Hoffman Thornwood has been sold to private equity.
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Cox & Cox, the fast-growing ecommerce furniture and homeware retailer, has appointed Paul Strudwick as marketing director.
- Details
- RETAIL & DISTRIBUTION
Retail giant IKEA has walked back plans to build a full-line superstore on the south coast at Lancing, near Brighton. It says it will sell the land instead and serve customers there in other ways.
- Details
- RETAIL & DISTRIBUTION
The pandemic and good weather drove demand for garden furniture and barbecues as department store and Internet retailer Dawsons booked high growth last year.
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- SUPPLY & WHOLESALE
Pike Textiles, the Cambridgeshire based sampling solutions specialist, has become a member of trade association the British Furniture Manufacturers (BFM).
- Details
- RETAIL & DISTRIBUTION
Argos owner J Sainsbury said buoyant furniture sales in the past three months helped offset weakness in categories that had benefited in the immediate aftermath of the first lockdown last year.
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- REGIONAL
North Yorkshire retailer Barkers (Northallerton), operator of one of the largest furniture and home stores in the country, said the support for and from key stakeholders was important as it traded through the pandemic.
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