Cabinet furniture wholesaler Papaya Trading has further strengthened its sales force with the appointment of a third new agent inside a few months.

The Stokers group of privately-owned furniture stores beat its top line record for the third straight year through 2022/23, helping to keep profits within touching distance of year-earlier levels.

A diversified retail and leisure company that runs a handful of Frank's The Flooring Store branches across the North East booked record profits last year in a period of continued expansion.

Profits jumped ten-fold for Roche Bobois' U.K. business last year as revenue surged on the reopening of its predominantly London-based furniture store network.

Major U.K. and Ireland upholstery, furniture and beds retailers have expanded their store footprints, using the traditional post-Christmas period to open new branches.

A large positive swing in gross margin helped rug wholesaler Asiatic Carpets shrug off the impact of output falling to more normal trading levels through 2022/23.

The October-announced takeover of ScS by Italian upholstery retailer Poltronesofà has moved a step closer after shareholders in the U.K.'s second largest sofa specialist decided to back the deal.

Home department and furniture store retailer Leekes has unveiled the remodelled home textiles department at its Llantrisant store, completing the second phase of a wide-ranging refurbishment programme.

Higher costs and a weaker trading backdrop tempered profits at Barker and Stonehouse through 2022/23 with md James Barker saying the furniture retailer has used the exceptional prior period to fund investment for the long term.

Furniture and lighting retail sales were almost identical in November year-on-year according to provisional data from the Office for National Statistics (ONS), which simultaneously revised down October figures.

North East living, dining and bedroom wholesaler Baker Furniture has taken two-year capital expenditure to over £1.7 million as it continued to invest against a backdrop of rising costs and decelerating demand.

Profits moderated for a second straight year through 2022/23 for Hopewells, one of the largest and longest established independent furniture retailers in the Midlands.

Furniture wholesaler and bed manufacturer Balmoral saw revenue return closer to pre-pandemic levels in the year to end March, but rising costs hit the bottom line.

Growing financial and environmental concerns among consumers will see demand in the furniture resale sector increase five times as fast as that of the total furniture market by 2027, according to a new report.

Independent furniture retailer TR Hayes of Bath left more profit in the business than in any other year on public record in the 12 months to end March, with closing cash also reaching an all-time high.

Consumer household furniture prices stabilised in November, as official data showed a first rise in inflation in the category in nearly a year and a half. By contrast, stubbornly-high flooring inflation eased to a 33-month low.

Cookes Furniture, one of the U.K.'s largest privately-owned retailers, has strengthened its leadership team with both internal and external board appointments.

Privately-owned national retailer Furniture Village is relocating one of its north London stores, opening a new unit on the Staples Corner Retail Park next week.

Spinks, the Yorkshire manufacturer best known for supplying bed components, has secured a £250,000 research contract to bring its EcoSeat spring technology to U.K. rail seating.

Sales fell sharply for the business unit taking in ecommerce furniture and home giant Wayfair's U.K., Irish and German trading activities last year, according to figures that became public for the first time on Monday.

A share buyback at high-end modern furniture retailer Beadle Crome Interiors put a seven-figure valuation on the company, and concentrated ownership.

Upmarket cabinet maker and retailer Martin Moore Furniture slipped to a loss through 2022/23 after rising operating costs negated the impact of higher output.

Swoon is entering the kitchen furniture market after launching a product collaboration with Harvey Jones, the semi-national high-end kitchen retailer.

Consumer spend intent for higher value items such as furniture and flooring improved for the second straight month in December according to a closely-following survey by GfK, the international polling company.

The chief executive of RH says the luxury furniture retailer doesn't plan to end its U.K. gallery network with the two already confirmed locations here. Other sites are also in the pipeline.

A downward gear shift to more normal trading levels after the Covid period saw revenue and profits decline for three-store Northern Ireland furniture retailer CFC Interiors in the year to February 28, 2023.

Britain's biggest floorcoverings wholesaler has agreed a settlement with insurers, nearly two years after the fire that destroyed its MCD Kidderminster distribution centre in December 2021.

The U.K.'s largest BoConcept franchisee has expanded its retail footprint with the opening of its first concession inside a Fenwick department store, and the second for the brand overall.

Turnover at the factory gate declined for the seventh straight month in October on a year-on-year basis, but at the shallowest rate since May.

Trading conditions returned to more normal levels at home department store retailer Housing Units through 2022/23 with its CEO saying further investment has left it well placed for the years ahead.

The heavily-leveraged balance sheet of cabinet and upholstery retailer The Cotswold Co is to be transformed after shareholders agreed to waive all interest accrued on loan notes as part of a major refinancing exercise.

National retailer Furniture Village has been recognised three times at this year's Best Companies Awards, including winning the Special Award as the Best Improver 2023.

The company behind multi-million pound direct-to-consumer bedding brand Groove Pillows has stopped taking orders and been placed into liquidation.

Losses narrowed at the David Phillips Furniture group in the year to end March as it found margin after a price reset and placed greater emphasis on residential real estate such as supplying the build-to-rent sector.

Multichannel housewares retail brand Sophie Allport said it will look to find cost savings after harder trading conditions through 2022/23 led to falling sales and a net deficit.

Furniture and soft furnishings chain Harry Corry Interiors generated almost £5 million of operating cashflow for the second straight year but reported profits declined on rising costs and thinner margins.

Furniture retailer Made.com (Made) is returning to an old hunting ground with the opening of its second brand showroom since its relaunch under the custodianship of Next earlier this year.

Value furniture chain JYSK has now reported losses in every year bar two since it arrived in the U.K. 15 years ago as rising operating costs including a higher rent bill vaporised the profits of the Covid-period.

Expanding furniture and furnishings retail chain NCF Living is to further build out its store footprint after taking another former Harveys unit.

A wholly-owned Natuzzi subsidiary that runs three of the Italian upholstery company's stores in London returned to profit last year after it booked the revenue from unwinding its large order book.

The ambitious ecommerce homewares retailer that rescued £2 million furniture retailer Shabby in early 2022 slipped to a deficit in the first full year since completing the asset buyout.

The integration of an acquisition and a new startup soft furnishings manufacturing venture helped North West fabrics group Panaz grow through 2022/23. But rising costs meant profits flatlined.

Furniture retailer Cotswold Company is to open its ninth full-line store and its 12th overall including outlets with the launch of a showroom in Bath next Thursday (Dec. 14, 2023).

Independent furniture retailer Arighi Bianchi is to use its Park Lane warehouse in Macclesfield as a clearance store, opening up once a week to sell ex-display and end-of-line products as well as goods with small defects.

Fabb Furniture cut its net loss through 2022/23 as the retail chain maintained top line momentum and benefitted from a landlord compensating it for exiting a store lease ahead of time.

Beds, furniture and property entrepreneur Andrew Perloff has made additional seven-figure debt finance available to retailer Fabb Furniture in the past year.

The number of furniture retailers with sales north of £1 million has climbed by a fifth in the past year, as price inflation and post-lockdown demand combined to elevate more companies into seven-figure businesses.

Outdoor furniture supplier Alexander Rose has cut inventory levels by more than a third over the past six months as the business returned to profit after the disruption of the immediate post-Covid period.

A wholly-owned U.K. retail subsidiary of high-end French furniture brand Ligne Roset was loss making again in the past year after it had previously ended a run of five straight trading deficits.

Furniture and homeware retailer Dunelm has continued to expand its horizons beyond out-of-town retail parks with the opening of another large in-town former department store unit.

Workplace furniture maker Orangebox returned to profit through 2022/23 as the impact of increased top line activity and royalty revenue filtered through the income statement.

Agents have cleared the last remaining stock of the predecessor Made.com company following the furniture retailer's collapse into administration a year ago.

Designer furniture and homeware retailer The Conran Shop is to close its circa £13 million business in France, bringing an end to three decades of trade.

The largest private shareholder in Established & Sons has increased the size of his stake in the designer furniture, lighting and homewares company.

Major independent furniture retailer Lee Longlands plans to expand its footprint with the opening of two new stores inside the next 15 months, the first of which is slated to open just after Christmas.

Industrial giant Vita Group, whose diversified activities span semi-finished and finished products ranging from PU foam to mattresses and underlay, has disclosed the sale price for the disposal of a French subsidiary which completed earlier this year.

Outdoor furniture supplier Alexander Rose booked a large deficit in the 18 months to end February 2023 as delayed containers led to cancelled orders along with elevated demurrage and storage costs.

Residential property transactions, considered one of the best foretellers of future demand for home furnishings such as furniture and flooring, declined sharply in October.

Furniture and electricals retailer Harvey Norman has seen sales in Ireland weaken in the past two months, but the negative trend has softened at its smaller Northern Ireland based operation.

The insolvent restructure of the Pagazzi Lighting retail business earlier this autumn resulted in the closure of three of its stores, administrators have said in a new report.

Value furniture and homeware retailer JYSK opened 135 new stores in the past year and says it expects to pull the shutters up on at least as many again by the end of next summer.

Liverpool furniture, home and garden retailer Taskers said margins were negatively impacted through 2022/23 as it bore additional freight costs of about £1 million. It said it hopes for a recovery now that rates have normalised.

Ingka Group, the largest worldwide IKEA retailer, saw profits climb five-fold in the year to end August. The proceeds will be reinvested, shared with its employees, and go towards charitable endeavours, the company said.

Restructuring advisors have been called in at Vivense London, a two-store furniture, lighting and homeware retailer that arrived in the U.K. amid multi-million pound investment during the pandemic.

Victoria sold 175,000sqft former Westex carpets factory last year, but sale price hadn't previously been disclosed.

Optimism among furniture makers about the trading environment has faded according to an updated poll of its members by the trade association British Furniture Manufacturers (BFM).

Bolia, the modern upholstery, cabinet and accents retail brand that has been present in the U.K. market since 2016, has reported its first loss in 14 years.

The owners of ecommerce furniture and home brand Laura James say the business is on target to eliminate the losses of the past two years after management change, and investment in both new technology and infrastructure.

Upholstery and flooring retailer ScS has appointed Phil Geary as chief marketing and digital officer, filling a post vacated earlier this month after Kyle Rowe took a new position elsewhere.

The rebuild of Made.com took another leap forward this weekend after brand owner Next launched the first standalone store for the furniture retailer banner under its stewardship.

November saw the largest single-month improvement in consumer confidence for major purchases since June 2020, giving retailers a boost going into the final weeks of the year.

Online general merchandise retailer Very said its indoor furniture sales performance was "significantly ahead of the market" through the three months to end September.

Higher costs weakened margins at specialist furniture and bedding retailer Futon Company in the past year, despite another all-time high sales effort.

The Furniture Market, one of the U.K.'s largest ecommerce furniture retailers, invested heavily in new delivery vehicles and infrastructure last year as it continued to achieve profitable momentum.

Alteri Investors has detailed the total cash amount it has invested, loaned or contributed so far into the vertically-integrated Bensons for Beds operation, the U.K.'s second largest retailer in the beds category.

Fritz Hansen, the designer furniture maker whose products are sold through some of the U.K.'s sharpest modern retailers, has appointed Henrik Steensgaard as its new chief executive as it looks to return to profit.

Large independent furniture and flooring retailer John Doe of Diss leaned into its credit facilities through 2022/23 amid investment in new assets and the pay-down of trade obligations.

Antony Batty & Co appointed at South West floorcoverings retailer on Monday following notice of intent filing ten days ago.

The Conran Shop has opened its first location in the Middle East with a new store in the largest shopping mall in Kuwait.

Furniture retailer Barker and Stonehouse has begun testing and selling a curated selection of products on the ecommerce platform of Next, the general merchandise retail giant.

German kitchen giant Nobilia is closing in on 80 stores for its franchised Kutchenhaus brand with another nine locations slated to open soon, adding to those already opened so far this year.

The group behind historic furniture, kitchens and appliance retailer Knees Home and Electrical narrowed its net loss on higher revenue through 2022/23, ahead of the closure of one of its Wiltshire stores.

Emerging beds retailer The Sleep Haven has followed its late-September launch in Yorkshire with the opening of a second unit, this time on the Riverside Retail Park at Warrington.

Designer furniture, homeware and lifestyle retailer The Conran Shop has received further equity funding from its owner, taking the amount beyond £10 million already this year.

A third senior company official earlier this year became a shareholder in Loaf, the expanding furniture retailer backed by investment firm Blue Coast Capital.

EZ Living Furniture is to open a purpose-built store on arguably the most lucrative piece of real estate for comparison goods in all of Northern Ireland after state officials granted planning approval.

The year-on-year value of furniture and lighting sales climbed in October according to the Office for National Statistics (ONS), though it revised down earlier figures.

Salvation Army Trading Company is seeking to expand its corporate partnership network by teaming furniture retailers requiring solutions for unwanted or end-of-life products.

Property agents handed a privately-owned Devon and Dorset department store retailer a boost after an upwards revaluation of its freehold assets.

Thailand's Central Group is to become the majority shareholder of U.K. and Ireland retailers Selfridges, Brown Thomas and Arnotts after it exchanged debt for equity in the department store group.

Consumer furniture price inflation eased to its lowest level in 34 months in October as the falling away of upstream supply chain pressure combined with a desire to stimulant weak demand, prompting price cuts.

Four-store South East England bed specialist Hamseys Sleep Centres recorded higher year-on-year profits, though cash declined as it paid down outstanding liabilities.

Italian fashion brand Dolce & Gabbana has opened two showrooms in London for its furniture-and-home-oriented Dolce & Gabbana Casa brand. One is a dedicated boutique, with the other described as a corner within Harrods.

Long-held ambitions for an IKEA store in Sussex have moved a step closer after its affiliate Ingka Centres tied up a property deal for the largest shopping centre in Brighton.

High-end furniture retailer RH pumped tens of millions more pounds into its U.K. operation through capital expenditure in the year leading up to the opening of its first gallery here earlier this summer.

Norton Group Holdings, parent to home and leisure retailer The Range, has agreed £255 million of new bank loans since the start of last year amid investment in its new 1.2 million sqft group distribution centre in Stowmarket.

Upmarket furniture design, wholesale and retail group Neptune has pinned a hefty 2021/22 loss on shipping cost inflation but says it has made a swift return to profit after making cost savings and restructuring its leadership team.

U.K. furniture manufacturers recorded an eighth straight year-on-year decline in turnover at the factory gate in September according to new official data out Friday morning.

The current fair value of BoConcept, the international urban furniture brand, has declined for the second time inside 12 months as macro-economic pressures hit consumer spending.

Half-year profits jumped for retail giant Marks & Spencer (M&S) as it made revenue gains in categories including food and fashion.

Tapi Carpets & Floors is closing in on 180 stores nationwide after it last weekend bolstered its presence in the North West of England.

National bed specialist Bensons for Beds has said it achieved like-for-like sales growth in all four quarters of its 2022/23 financial year, and returned to profit.

Historic furniture company Reynolds was one of the standout pound-for-pound retailers of the pandemic period, booking seven-figure profits for the third straight year in 2022/23.

Independent furniture retailer Vale Furnishers has announced the planned closure of its Farnham store, with the lease on the East Street premises soon to expire.

West Elm's U.K. retail operations recorded EBITDA of £3.4 million through 2022/23 despite reduced output as it closed one store, cut the lease term on another, and exited its wholesale agreement with John Lewis.

Higher costs resulted in lower profits for the Ulster Stores group ahead of the closure of its dedicated ecommerce beds and bedding business unit earlier this year.

Inter IKEA, the company that owns the IKEA brand and supplies its franchisee operators, doubled its profits in the past year as it lapped a period of higher costs and one-time items.

The md of Glasswells says the retailer is interested in both growth and diversification after another strong trading year, but he cautioned that more recent trading patterns have been tougher.

The mobility group behind direct-to-consumer adjustable furniture brand Willowbrook booked double-digit profits at the EBITDA line in the first full year since a near £40 million venture capital-backed buyout.

Logistics supplier Wincanton has won a contract to carry out white-glove home deliveries for The Conran Shop, the designer furniture, homeware and lifestyle retailer.

U.K. beds market leader Dreams was among the standout performers for Tempur Sealy International in the third quarter of 2023 with its CEO calling out the retailer's leadership team for its "outstanding execution."

Furniture and Choice, one of the U.K.'s largest ecommerce furniture retailers, is launching its debut television advert ahead of the Black Friday promotional event later this November.

Castle Donington furniture wholesaler Birlea has revealed its new-look logotype and corporate identity amid an expanded product roster and new senior managerial appointment.

Profits climbed at South East England home and fashion outlet retailer Choice last year as high growth helped mitigate against an inflation-driven margin decline.

Free cashflow was positive for Wayfair for the second straight quarter as earlier cost cutting measures and a return to top line growth paid off for the ecommerce conglomerate in the three months to end September.

Less than a third of Argos' total retail space will be represented by standalone stores by March next year as the general merchandise retailer revealed plans for more store closures.

Premium lighting, homeware and occasional furniture supplier Porta Romana delivered class-leading profits in the year to end April on the back of sales growth and its ability to pass on price rises to customers.

South East furniture and home retailer Collingwood Batchellor made double-digit top and bottom line gains in the year to January despite sales slowing significantly from the autumn of last year.

Next, the general merchandise retailer and one of the largest vendors of furniture in the U.K., has revised its full year profit guidance after sales beat expectations in the third quarter.

Risings costs and weaker sales hit profits at Riva Home ahead of the Yorkshire soft furnishings supplier's buyout of upmarket fabrics producer Voyage Maison earlier this year.

The Fine Bedding Company found trade tougher through 2022/23 but still allocated six-figure resources to both capital expenditure and charitable endeavours.

Heritage furniture retailer Fairbairns of Berwick has begun a retirement sale ahead of its planned permanent closure, bringing the curtain down on 77 years of trade.

The underlying performance of department store retailer Fenwick weakened last year on higher costs and diluted margin as a result of stock clearance. It still returned to profit after booking the gain from further property disposals.

Department store retailer Jarrolds and its sister modern furniture store The Granary began selling furniture online for the first time last year amid revenue returning to pre-pandemic levels.

Retail and wholesale brand Habitat is to create a range of tableware and kitchen products based on Sanderson's National Trust collection of fabrics, after the parties signed a licensing agreement.

Home goods revenue fell by more than £8 million for Very Group in the past year but the ecommerce retailer found growth in key categories including upholstery.

The cash and asset rich independent store group behind flagship department stores such as Elys of Wimbledon invested heavily across its London and South East branch network last year.

Revenue and profits reached record levels at Barkers of Northallerton in the year to January 31, 2023, with the privately-owned retailer having now doubled its annual output over the past decade.

Renascent ecommerce and mail-order retailer Cox & Cox will next week open its first-ever physical space with a pop-up shop in Leeds.

Lincolnshire furniture, home and garden retailer Downtown recorded an accounting loss as it wrote down the value of one of its legacy Oldrids stores for a second time.

Outdoor and indoor furniture retailer Garden Trading has relocated to state-of-the-art Wiltshire premises after a £2 million investment by its new private equity backer.

ScS said it expects to upgrade a further dozen stores in the current financial year but the upholstery and flooring chain has cautioned that trade has become harder in recent weeks.

Shares in DFS climbed almost 10 percent in intra-day trading on Tuesday as the upholstery market leader benefitted from takeover talk at its largest U.K. rival. Italian sofa retailer Poltronesofà has had a bid for ScS recommended by its board.

Poltronesofà, a major Italian upholstery retailer with 300 stores across Europe, is set to acquire ScS, the U.K.'s number two sofa retailer.

The number of U.K. furniture retailers with more than 100 employees has dropped by just under a fifth year-on-year as mid–large size independent enterprises cut staff headcount.

High-end furniture retailer Bridgman was negatively impacted by the travails of Snug last year, ahead of the sofa brand being snapped up and later relaunched by national retail chain ScS.

Home shopping group Freemans Grattan Holdings (FGH), one of the U.K.'s largest retailers of furniture online, has leaned into a committed share capital funding programme to raise funds.

Loaf opened its 15,500sqft store on the Redbrick complex at Batley on Thursday, the largest in the furniture retailer's estate to date.

Privately-owned retailer Barker and Stonehouse has extended the size of its space inside Fenwick's Kingston-upon-Thames store, making it one of the largest furniture concessions in the country.

U.K. sales returned closer to pre-pandemic levels for high-end Italian designer lighting company Artemide last year, but at a cost to margins.

Consumer confidence in splashing out on higher value items such as furniture weakened to its lowest level in nine months in October, after the sharpest single-month fall in over three years.

The value of furniture, lighting and floorcoverings retail sales rose on an annual basis in September according to figures out Friday morning from the Office for National Statistics (ONS).

Premium French furniture brand Roche Bobois says revenue in the U.K. is now flat after the first nine months of the year, having been trading ahead at the half-year stage.

Furniture and homewares retailer Dunelm said sales grew 9 percent in the first quarter of its 2013/24 financial year with upholstery among its key product successes.

Wider gross margin helped the North West supplier of bedding and household textiles under brands spanning Dorma to Content by Conran find a big performance boost through 2022/23.

The U.K. comfort foam operations of Recticel were more profitable despite lower sales ahead of the business unit being carved out and sold to a private investment company earlier this year.

Consumer price inflation for household furniture eased to its lowest level in two and a half years in September as cost pressures on the industry continued to ease.

A Greater Manchester retailer majoring in upholstery has been placed into liquidation leaving a raft of debts, primarily to financial creditors and the tax authorities.

Furniture, beds and home accents wholesaler Gallery Direct booked a £6.5 million net loss last year after writing down the value of stock to reflect current shipping costs. It says the decision is already delivering a competitive advantage.

The md of West Midlands and Dorset furniture retailer Cookes says the group is well positioned for future growth after it overcame supply chain challenges to book higher profits in the past year.



Stay informed. Subscriptions start from less than £2 per week:



Already a subscriber?    Sign In