Retail News
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Natuzzi has turned to a former chief executive to lead an industrial and operational turnaround as the Italian furniture manufacturer simultaneously fights to retain its New York Stock Exchange listing.
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- RETAIL & DISTRIBUTION
The Cotswold Company has agreed a multi-year collaboration with the National Trust spanning new furniture collections and support for conservation projects.
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- RETAIL & DISTRIBUTION
Aspirational interiors retailer OKA returned to growth and swung back into operating profit last year, two years after restructuring the business and withdrawing from the US market.
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Fairway Furniture says thousands of shoppers visited its new North Devon store during its first fortnight of trading as the independent retailer completed its expansion into Barnstaple.
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RH believes its new London flagship could become its number one location worldwide within two to three years after an opening period that has surpassed the premium-pitched furniture retailer’s expectations.
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Two of the South West’s longest-established independent furniture retailers have expanded their store networks in Devon within days of one another, completing previously-signposted openings over the weekend.
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Fishpools maintained sales and grew cash reserves in the past year in what the closely-held home furnishings retailer described as a very solid performance against a backdrop of pressured discretionary spending.
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Tapi Carpets & Floors delivered bumper profits in 2025 as sales jumped by more than 40 percent, buoyed by underlying growth and the contribution from former Carpetright stores.
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Flair Furniture Group has appointed Paul Atherton as group CEO, with founder Ashley Hainsworth moving to chairman as the ecommerce furniture business pursues its £100 million sales ambition.
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Debenhams Group expects to have virtually eliminated net debt by the end of its current financial year after agreeing the £90 million disposal of its Sheffield distribution centre operations.
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Sofa industry supplier Aquaclean says Google search interest in its brand has increased by more than 5,000 percent following its investment in consumer advertising in the UK.
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Home sales at John Lewis fell in the first half as pressure on household budgets made consumers more reluctant to commit to discretionary purchases.
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Gardiner Haskins swung to a loss last year as the closure of its Cirencester store weighed on the performance of the furniture and home improvement retailer.
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The upholstery retailer behind Designer Sofas, Natuzzi Italia and Natuzzi Editions branded stores across the UK says order intake advanced by a fifth in recent months as it builds on double-digit sales growth achieved last year.
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Dunelm has identified around 100 potential locations for new stores as it prepares to substantially accelerate expansion of its physical estate.
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The furniture industry is being urged to engage with Government plans that could reshape how product information is recorded and shared across the supply chain, with the Furniture Industry Research Association (FIRA) to host a free industry-wide webinar next week.
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Barker & Stonehouse is relaunching its interior design service this month as new research commissioned by the furniture retailer reveals widespread use of artificial intelligence for home design inspiration.
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Dunelm shares fell sharply on Tuesday after the homewares retailer revealed significantly softer trading at the start of its new financial year.
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Ecommerce furniture retailer Nöa & Nani has been sold immediately following its entry into administration, safeguarding 13 jobs and ensuring continuity for customers and suppliers.
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Dunelm's ownership of the Designers Guild brand has assumed fresh importance after the licensee company operating the upmarket furnishings business filed notice of its intention to appoint administrators late last week.
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A prospective purchaser has been identified for Freemans and Grattan as talks over the future of the Otto-owned retailers progress.
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Furniture retailers are using an industry-specific AI platform to bring hundreds of products online in a fraction of the time previously required.
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NCF Living has acquired a vast freehold site in the West Midlands that will become its new national distribution and operations campus, providing capacity to support a substantially larger store network and ecommerce business.
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Bed Kingdom founder Ashley Hainsworth is recruiting a CEO to succeed him as Flair Furniture Group targets £100 million revenue within three years and expands internationally.
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- CASE GOODS
HMRC faces a substantial shortfall following the insolvent restructure of John Lewis of Hungerford, with administrators saying its near-£2 million preferential claim will not be repaid in full.
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- RETAIL & DISTRIBUTION
UK housing transactions, a key driver of future home furnishings spend, declined for the first time in five months in July.
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Administrators of the former Carpetright trading company are waiting to learn whether HM Revenue & Customs will withdraw a £57.5 million VAT claim following recent tribunal defeats for the tax authority over flooring fitting services.
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Furniture retailer Connollys of Moy is expanding its physical footprint with the opening of departments inside an initial three Menarys stores in Northern Ireland, starting in Bangor this weekend.
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Modular sofas and furniture brand Cozmo has raised further equity funding at a substantially higher valuation than that implied by its previous investment round.
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- RETAIL & DISTRIBUTION
Harvey Norman is progressing plans for two further stores in the West Midlands as the Australian retail conglomerate continues to build out its fledgling English store network.
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IKEA is lowering prices across hundreds of home furnishings products in the UK as part of a €1.2 billion investment in affordability across Europe.
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Man Wah Holdings has said it is developing a long-term strategic partnership with DFS after agreeing a deal that will take the upholstery manufacturer’s direct holding in the retailer to 8.58 percent.
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Williams-Sonoma has again highlighted the UK as one of its best-performing international markets, citing the expansion of its brands here among the factors supporting growth.
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Harvey Norman grew UK sales by nearly 40 percent last year as the Australian retail conglomerate expanded its British mainland store network and broadened the offer at its Northern Ireland shops.
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Oak Furnitureland will take its UK showroom network to 70 stores this weekend with the opening of a new large-format unit in Ipswich.
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Sterling Furniture Group is targeting a return to profit next year after restructuring the business and taking more than £2.6 million out of its annual cost base.
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Natuzzi is in talks with the New York Stock Exchange over possible solutions after the exchange suspended trading in its shares and began delisting proceedings.
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Wayfair is to grow its bricks-and-mortar network to 10 large-format stores as the ecommerce home furnishings giant steps up its investment in physical retail.
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John Lewis is to replace the restaurants at 32 of its stores with a new hospitality concept, with its Oxford Street flagship providing the fullest expression of the format.
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The parent company behind discount department store retailer Trago Mills cut losses to a fraction of the prior-year level after improving product margins and reducing its stockholding.
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