North West whole-home retailer Ashton Discount Warehouse is closing down permanently to facilitate its owners' retirement, bringing an end to almost 60 years in business.

The owner of outdoor furniture and living retailer Garden Trading says its bottom line will come in ahead of market expectations as a consequence of additional cost reductions.

Furniture and carpet consumer price inflation ratcheted back up again last month according to figures out Wednesday morning from the Office for National Statistics (ONS). It follows a brief respite in the upwards momentum in May.

Britain's antitrust regulator has elevated its investigation into the takeover of Recticel's engineered foam unit by Carpenter to an in-depth Phase 2 inquiry, heightening the possibility that parts of the deal affecting the U.K. will either not happen or be reversed.

Furniture and homeware retailer Group (Made) is to review its operational structure and headcount as it looks to find cost savings after worsening consumer sentiment hit sales.

Rachel Conroy, founder and CEO of Gateshead contract furniture supplier HLF, has been included in a prominent business magazine's 35 Women Under 35 2022 list — a rundown of high achieving business leaders.

A turnaround expert appointed by the owners of upmarket furniture and interiors retailer OKA has additionally taken on chief financial officer duties on an interim basis.

Retailers DFS and Dunelm saw year-long low trades in their shares on Friday before both retailers recovered to make small gains on the day. Shares in closed at an all-time low.

ScS has promoted flooring director Dean Weston to a new and more all-encompassing retail role as part of a number of changes to the management team that also sees a new brief for trading director James Heese.

Home and garden retail giant IKEA will add a new click-and-collect building adjacent to its 139,000sqft Wednesbury store in anticipation of more of its customers pivoting online.

Upholstery and flooring retailer ScS has opened a new concept store featuring a series of technological enhancements, a first public airing for a new product tie-up with the U.K.'s largest home interest magazine, and a wider home offer.

Modern furniture and design retailer Heal's has strengthened its online team with the appointment of Mark Hammond as head of ecommerce.

Furniture and homeware retailer Loaf says its long-planned Edinburgh showroom will become the largest in its portfolio when it opens later this year.

Furniture factory output in the U.K. continued to run at record levels according to new May data with manufacturers racing to unwind big order books as a result of earlier demand.

National beds and bedroom retailer Bensons for Beds will next week move into a new Yeovil store, located adjacent to its former unit in the South West town.

Privately-owned furniture and flooring retailer Toons Home Furnishers traded strongly through 2020/21 with six-figure profits and strong cash generation.

Underlying revenue across the eFulfilment division of logistics group Wincanton edged ahead in the first quarter of its financial year despite the wider market slowdown in online activity.

Demand for furniture and homeware continued to flag in June according to new industry data from the British Retail Consortium (BRC), the membership group that lobbies on behalf of the retail sector.

The South East of England has seen furniture store numbers dwindle at twice the pace of the U.K. overall in the past five years as both independents and multiples re-assessed the region. London proved the exception.

The franchise group behind the United Carpets & Beds retail format returned to profit in 2020/21 in its first results since it left the stock market. It was helped by robust post lockdown demand, wider margins and reduced bad debt.

Still-expanding floorcoverings retailer Tapi Carpets & Floors is opening its eighth store this year with a former bed shop unit that takes its total across Great Britain to 170.

Nest, one of the most prominent modern furniture retailers in the North of England, followed strong trading through lockdown with another positive period in the year to April 30, 2022 — ahead of its planned showroom relocation.

The cash for a new capital raise at an expanding beds and bedding ecommerce business was provided by the company's existing sole shareholder, who has ties to historic furniture industry brands.

Shares in yesterday declined to their lowest level since the furniture and homeware retailer floated on the London Stock Exchange and are now worth a little over a fifth of their IPO value.

The rising cost of shipping goods from the east chipped almost seven percentage points off gross margin for the retailer behind the Garden Furniture World ecommerce brand last year.

Consultants acting on behalf of upmarket furniture brand have planning request refused by London Borough despite precedent set by another retailer on the same road.

Ecommerce-led retailer Mattress Online has expanded its distribution capacity and announced new and important hires across its digital and commercial operations.

The creation of a new 50/50 joint venture that sees one of the world's largest furniture retailers further expand its store footprint across Europe has been waved through by antitrust regulators.

A popular piece of outdoor furniture has been recalled by a major U.K. store group on safety grounds.

The Very Group, one of the top ten retailers of furniture in the U.K. by volume, has appointed a former Walmart leader as its new chief executive, replacing Henry Birch who will stand down in the autumn.

Furniture and homeware retailer has appointed former supermarket and tech executive Dan Elton as its first ever chief customer officer.

Stakeholders have until Monday of next week to come up with a solution that will appease the U.K.'s antitrust regulator.

DFS chief financial officer Mike Schmidt is to leave the U.K. upholstery market leader for the same post at B&M European Value Retail, the company behind the value retail chain B&M.

London based designer furniture and homeware retailer The Conran Shop has received a new seven-figure equity injection.

The sales trend at Argos is improving but the general merchandise retailer still booked a double-digit drop in business in the first quarter of its 2022/23 financial year and remains down on pre-pandemic levels.

Profits more than doubled at the Ashley Wilde group last year as the Hertfordshire headquartered furnishing fabrics group delivered an eighth straight increase in revenue.

Furniture retailer Heal's has fleshed out proposals to take the neighbouring Habitat unit in central London but has confirmed the reconfigured space will not increase its overall footprint at the site.

Sales at ecommerce brand Furniture Box jumped by two thirds through 2020/21 as it delivered high profits ahead of its expansion into new premises.

Container shipping schedule reliability remains at a historically low level while spot prices are falling from record highs and delays easing after a two-year stretch upended by the pandemic.

Home and leisure retail chain The Range concurrently opened two new stores this weekend to take its overall footprint to 210 nationwide.

Arighi Bianchi will supply furniture to the show homes of a new local development by David Wilson Homes, with the housebuilder to promote the properties from inside the heritage independent's iconic store.

EBITDA was almost two thirds higher for Bentley Designs last year as the furniture importer deleveraged after it kept a tight rein on costs and revenue recovered, countering weaker gross margin.

Furniture retailer Hatfields says it remains focused on delivering an online trading platform before the end of March next year as the reopening of stores after the latest Covid lockdown helped it recover sales lost to enforced closure.

Construction is underway at distribution centres in Scotland and the Midlands as national flooring wholesaler Likewise Group looks to double its logistics capacity this year.

Designer furniture and homeware retailer Heal's has opened a new clearance unit on the King's Road, London in a space that was until late 2020 occupied by upholstery retailer Sofa Workshop.

Stock levels at Cleland McIver more than doubled by the end of its 2020/21 financial year as the soft furnishings supplier invested further in distribution capacity with a new 75,000sqft facility.

Lincolnshire cabinet importer and wholesaler Classic Furniture battled rising shipping costs and limited container slot availability as it booked its highest profits since 2014 last year.

Jarrold & Son, the historic department store and furniture retailer, has hired a new chief operating officer amid wider board change at the diversified East of England retail and services group.

The md of furniture components supplier Wade Spring says the combination of new export business and an expanded engineering offer were a major driver in increased profitability last year.

National retailer Bensons for Beds will this weekend open a new concept store in Didcot with a return to the Orchard Shopping Centre, a site it vacated two years ago.

Furniture Village, the U.K.'s largest majority family-owned furniture retailer, has been named winner in three categories of the 2022 Family Business of the Year Awards.

Russell Harte is now chief operating officer at upholstery market leader DFS after the retailer redistributed management duties across its senior leadership team.

Furniture and homeware retailer Loaf has appointed River Island director Theodore Sheppard as its new chief commercial officer (CCO) with a brief to drive sales and grow market share.

Wayfair launched its first ecommerce store in Ireland on Monday morning, following through on plans we first reported in the autumn of last year (see related).

The cost of living crisis and weaker-than-expected demand have upended the orderly close down of Furniture Loft's store-based business in Leicestershire but its owner says customers who've made advance payments should be able to get their money back.

Product availability across the U.K. furniture retail sector jumped in the first quarter driven largely by rising capacity among upholstery and bed makers, categories where domestic suppliers remain a major force.

Sterling Furniture Group will open its fifth store under its Sterling Home brand with the launch of its refurbished and reimagined Aberdeen branch after an investment north of £2 million.

U.K. furniture and lighting retail sales declined in May as new bookings began to dry up and companies worked their way through a backlog of outstanding orders taken earlier in the year.

A huge leap in sales after the spring lockdown and the introduction of ecommerce helped furniture retailer JYSK report a first ever profit at its U.K. subsidiary last year.

Consumer confidence fell to its lowest level on record in June on worries over personal finances amid the cost of living crisis. But the figures did at least arrest a long-running slide in big-ticket purchase sentiment.

Heal's will re-occupy the longtime Habitat store adjacent to its London flagship on Tottenham Court Road (TCR) as part of wide-ranging plans to improve one of the furniture trade's most iconic pieces of real estate. However, its overall footprint at the site may not increase.

Modern furniture retailer Cult registered higher profits last year as revenue climbed to record levels for at least for the fourth year straight after it elevated its focus on growing in the U.K.

Regulation of interest-free Buy-Now Pay-Later (BNPL) credit agreements will be further tightened under new Government proposals that will likely impact smaller stores and web based furniture retailers the most.

Bedeck returned to profit last year as the Northern Ireland based bedding company benefitted from a lower administrative cost burden of almost £2 million, including non-recurring exceptional items and a currency gain.

There were tentative signs that furniture retail price inflation may have peaked as consumer price rises in the category eased in May for the second straight month. The figures remain at sky high levels.

Furniture and home accents wholesaler Coach House smashed through a high ceiling to record largest-ever profits at its trading arm last year as it recovered strongly from the first year of the pandemic.

A prominent U.K. ecommerce sofa retailer is unaffected by the insolvency of the company that operated the brand for almost four years until the beginning of 2022.

Ecommerce giant Amazon has moved to strike out a number of newly-formed companies that it believes may have been looking to trade off the back of its universally-recognised brand name.

Ex-DFS executive Nick Collard has been promoted to CEO at Bensons for Beds with immediate effect, succeeding Mark Jackson, who is leaving the retail chain after three years at the helm. Group CFO John Sidebotham is also stepping down.

A North West wholesale and retail furniture company that traded direct but also sold through major online platform businesses has gone the way of a predecessor operation.

Upholstery and flooring retailer ScS says Andy Kemp will join its board as non-executive director next year ahead of the planned departure of one of its existing officers.

Lee Longlands delivered on its pledge to record near seven-figure profits as it fleshed out details from it what it called an extremely positive performance off the back of lockdowns and ahead of it completing a major refinancing solution last June.

Expedient fit-out of high-profile London showroom followed Sofa Workshop ceasing to trade back at the end of March.

Investment helped the soft furnishings group behind the Iliv brand find further margin gains in a strong trading period during which it grew profits and repaid debt.

Ecommerce shopping group N Brown said the shift away from home goods seen since the turn of the year is continuing and showing no signs of abating.

Furniture, home and department store retailer Barkers of Northallerton saw revenue recover to pre-pandemic levels last year with its dedicated Barkers Home store among the standout performers. Gross margin widened by 380 basis points.

The first phase of a major refurbishment of the former Clarkes Furnishers store in Maidstone is complete with it now open again to customers and trading as Lenleys Home.

The value of U.K. furniture production remained at a historic high level in April but fell below revised record figures for the end for the first quarter.

The company that completed an insolvent buyout of a prominent North London furniture wholesaler whose products were sold on platforms such as Wayfair has a new name.

But higher costs mean 23-store South East retail chain fails to make material gains to the bottom line despite surging sales.

North West ecommerce and store retailer Furniture in Fashion, which has been profitable every year since its inception in 2007, recorded seven-figure earnings as it traded strongly through the pandemic.

A North West independent retailer with ties to the once-national Durham Pine brand has ceased trading after filing for insolvency late last month following its planned closure.

A John Lewis warehouse in Reading is to become one of the first buildings to be knocked down and replaced by housing under previously-announced plans by parent John Lewis Partnership (JLP) to move into property.

Upholstery market leader DFS has cut its full year profit expectations as a result of continuing supply chain disruption and a slowdown in order intake. It said it still expects to take market share.

High-end furniture brand B&B Italia, whose products are sold through third party dealers in the U.K., has launched an ecommerce store in one of its key international markets.

Privately-owned Kent furniture retailer Gerald Lukehurst & Son (Lukehurst) made its largest gain on public record in the past year after accelerating a store expansion programme.

Follows launch of 6,000sqft Chelsea showroom offering its full furniture range in the capital last year.

The take-off of furniture and homeware brand Loaf's physical retail business in Scotland, plans for which we first reported last year, is moving a step closer.

Ministry of Furniture (MoF), the contract manufacturer that emerged from Remploy in 2014, has moved to a new head office and showroom facility in Neath, South Wales.

Costco levered the power of brands such as Natuzzi, Thomasville, Bentley Designs and Silentnight on the way to strong growth in the U.K. which it has followed up with further gains in the period since.

Independent surveyors have revised upwards the value of IKEA's U.K. real estate interests, even after the disposal of millions of pounds worth of property last year.

Ecommerce retailer Furniture Box traded strongly through the pandemic as it recorded seven-figure profits ahead of an investment in a new purpose-built stock holding facility and expansion into new geographies.

Fresh valuation for the company behind the Houseology and Olivia's ecommerce furniture and interiors brands up-rates the previous figure by nearly £18 million.

Direct-to-consumer mattress and ancillary products retailer and wholesaler Eve Sleep has launched a review and formal sale process, saying it wants to explore its strategic and financing options.

Wealthy shoppers eagerly awaiting the U.K. arrival of RH in the Cotswolds this summer may have to wait a few weeks longer than anticipated as the upmarket U.S. retailer satisfies the nuances of the British planning system.

Furniture retailer SoloMiya has left consumers facing a battle to recover down payments after it collapsed into liquidation. Its failure was confirmed in what was the industry's worst week since the start of the pandemic.

Gillies of Broughty Ferry has strengthened its presence in the North of Scotland with the takeover of independent retailer Grampian Furnishers.

Ecommerce giant The Very Group (TVG) plans to offer consumer loans of up to £15,000 as part of a strategy designed to give its customers access to a greater number of products.

B&M sold its last remaining shares in an Irish bedding retail business at the height of the pandemic in a transaction planned years in advance.

Furniture exports out of the U.K. continued their recovery in the first quarter of 2022 but still have some distance to travel to return to historic highs.

Online vendors offering the goods of a North Yorkshire based wholesaler of occasional furniture and rattan home and garden goods which collapsed earlier this year are clearing the last remaining items from their platforms.

Two furniture brands, one long established and the other new to Ireland, are expanding their retail footprint in the country as trade begins to return closer to historic levels.

Furniture, a category jettisoned under its previous ownership, is at the heart of home improvement chain Homebase's new Chester store, which is now open.

Revenue jumped by more than a quarter and profits increased for Gillies of Broughty Ferry in 2020/21 as the six-store retailer responded quickly to external factors amid the height of the pandemic.

Neptune reinvested strong cashflow back into the business amid rising sales and profits last year, but the furniture, home and garden brand says it has since encountered supply chain constraints.

Furniture industry buying group and event organiser Minerva Furniture Group may in time look to hire following the departure of a key official last month but there are no immediate plans to recruit and no decision has been taken.

Off-price furniture and homeware retailer Homesense plans to rebuild U.K. store numbers with the opening of a new store north of London, its first since the pandemic started.

Hennes & Mauritz (H&M) is to further expand the scope of its H&M Home store concept in the U.K. with the launch of a two-storey unit in Gateshead.

French multinational Maisons du Monde (MDM) has issued a profits warning after saying any hopes for sales growth this year can be largely forgotten.

Ecommerce-led furniture and homeware company Swoon Editions has become the latest direct-to-consumer business in the home sector to get backing from fashion-to-furnishings giant Next.

IKEA shrugged off the impact of raw material price inflation to find wider gross margin and cost savings elsewhere in the business on the way to its first U.K. operating profit in four years.

High six-figure profits for the second straight year at privately-owned Leicester furniture retailer.

Home and garden ecommerce giant Wayfair opened the first retail store under its AllModern fascia on Tuesday as it embarks on what its CEO has called the next stage in the retailer's omnichannel journey.

Marks and Spencer's store network is delivering 25 percent less revenue across clothing and home categories compared to four years ago. Online is making up the shortfall, it says, along with a move away from urban high streets.

Henry Tadros will take over as chairman at heritage furniture maker Ercol [ercol] this summer, the Princes Risborough manufacturer has announced. He succeeds his father, Edward Tadros.

Fallen upholstery retailer Sofa Workshop sustained losses of £5.5 million last year and would have needed even more than that in funding to see out the remainder of 2022, had the plug not been pulled.

Former Debenhams and New Look executive holds shares in direct-to-consumer bedding brand following spring 2022 transaction that uprates the company valuation.

More than 7,000 Klarna employees worldwide have been told that 10 percent of them are to be impacted by a programme of redundancies as the fintech company grapples with worsening consumer demand impacting its retail customers.

Shares in home and furniture retailer Dunelm closed at their lowest level in over two years on Tuesday on what proved the busiest day of trading in the stock for more than a year.

Kitchen retailer Wren is planning to ramp up its activity in the U.S. with the opening of a second large factory and the rollout of new showrooms this year.

Rising costs for both consumers and businesses along with the structural shift to online will result in further gains for retail parks in the brick-and-mortar segment, one of the U.K's largest furniture retail landlords has forecast.

Majority position in East Midlands furniture wholesaler was sold to the Swedish investor Storskogen Group last year.

A two-store South West home and gift retailer that ceased trading earlier this spring leaves a major Dutch interior décor wholesaler facing the non payment of a six-figure debt.

Kingfisher, parent to U.K. home improvement chain B&Q, is to start a second £300 million share buyback programme inside a year as part of plans to return excess capital to shareholders.

The value of furniture and lighting retail sales climbed in April according to new figures released Friday morning but at the lowest rate so far this year and below inflation in the category.

Danish furniture chain JYSK will open its 26th U.K. store early next month while Lars Larsen Group, the owner of the global brand, is expanding further its growing roster of retail formats.

The U.K.'s largest flooring wholesale group believes ecommerce and a growing cohort of multiple retail customers can help it counter a weaker market this year.

Internet furniture sales declined in the U.K. during the first quarter while store-based sales climbed as they lapped a period when brick-and-mortar retailers could only deliver, and not take orders because of restrictions.

Shareholders have provided new equity funding for The Conran Shop, the London based furniture, design and homeware retailer sold to a new investor at the outset of the pandemic.

Home shopping retailer N Brown said pandemic-driven demand for home and gift categories has tempered but not before it had capitalised on the homeware boom through the past two years.

Furniture and furnishings price inflation eased for the first time in over a year in April but remained at a very high level.

Rollie Attard, chief operating officer at fabrics supplier Panaz, is to become chief executive in place of his father and company founder Tony Attard, who will become chairman.

Cabinet imports from China fell at the end of the first quarter on a volume basis with only higher prices lifting the value of shipments arriving at British ports.

Privately-owned furniture and department store retailer Browns enjoyed a £1.6 million bottom-line turnaround in the past year as it emerged strongly from lockdown.

The value of shares in furniture and homeware retailer fell to a new low by Monday evening after it warned that sales would be lower than previously forecast and losses wider.

Former John Lewis chief financial officer Patrick Lewis is to take the same post at furniture retailer, the retailer announced Monday morning alongside downgraded guidance for the year.

Kitchen maker and retailer Wren grew sales and profits by almost a third as it shrugged off the impact of three months of store closures at the beginning of the year — a period when rival DIY sheds continued to trade.

Scandinavian dining and lounge furniture source issues clarion call for new partners.

National retailer ScS has hired a former Allied Carpets, MFI and Habitat executive to the newly created role of flooring director as it looks to bolster its proposition in the category, The Furnishing Report can reveal.

Italian furniture conglomerate Calligaris Group is to launch a third ecommerce platform with the introduction of a direct-to-consumer website for its Connubia brand.

The combined turnover of U.K. furniture manufacturers reached a ten-figure total in a month for the first time in history as factories continued to be busy fulfilling outstanding orders taken late 2021 and into the early weeks of this year.

The investment arm of the sovereign wealth fund that owns Harrods, the prestige London department store retailer, has adjusted the make up of its holding company board.

Restructuring advisors offer bullish outlook for creditors of East Midlands supplier after co-owner's death prompted eventual closure last year.

The biggest operator of IKEA stores worldwide has earmarked London as a test bed for new formats and a repurposing of its wider superstore network.

The home and lifestyle ecommerce retailer behind brands such as Vonhaus and Spinningfield found profit growth last year in what it described as another period of "unprecedented challenge."

Upholstery vertical is to make a quick return to Yorkshire after plans by a former landlord prompted the closure of its hitherto sole standalone store in the North of England earlier this spring.

Family-owned bricks-to-clicks retailer Bedstar bolstered its balance sheet in 2020/21, building cash to highest-ever recorded levels.

Deliveries in the U.K. and Ireland grew at a faster pace for Stressless in the first quarter of 2022 than in any other of its main reporting geographies, with the value of sales reaching almost half of the total for the entirety of last year.

The historic building housing the Beales department store in Peterborough is to be transformed if proposals soon to be put in front of town planners are given the green light.

Nascent lifestyle brand Jasper Conran London is to expand an existing agreement with general merchandise retail giant Next into furniture and homeware for the first time.

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