Halo Group will rebadge the Sofa Workshop business as Sofa Workshop by Timothy Oulton following its planned acquisition from DFS.

Halo Group has agreed to buy upholstery retailer Sofa Workshop from DFS Furniture Group, bringing its seven-year tenure of the brand to an end.

Sales climbed for U.S. headquartered furniture and accents retailer West Elm in the three months to August 2 but its U.K. operation may have found the going tougher.

The property arm of retail giant IKEA has written down the value of its U.K. retail real estate by more £120 million over the past two years.

When you invest £10 million on a single furniture store expectations are bound to be high. The all-new Lucas Furniture at Aylesbury, which soft-launched last weekend, does not disappoint.

The U.K. trading arm of home furnishings giant IKEA part-reversed a prior-year deficit in 2018–19 after new stores boosted sales and countered a slide in gross margin.

Online sales jumped by more than a quarter for IKEA in the U.K. last year but the higher costs associated with servicing its Internet business were a cost headwind.

Home furnishings online search engine and comparison website Ufurnish.com has appointed Toni Wood as its chief marketing officer.

United Carpets Group, the flooring and beds franchise retailer, says it has agreed a £2 million bank loan secured through the Coronavirus Business Interruption Loan scheme (CBILS).

The administrators running the Lee Longlands independent furniture store business say no creditors will miss out and the six-store business will be returned to its owners if all goes to plan following their early-summer appointment.

Upholstery market leader DFS says trading continues to be significantly ahead of its initial post-lockdown expectations across both its showrooms and online.

Independent retailer Taskers of Accrington is to build a new website it hopes will deliver the twin result of higher online sales as well as more customers visiting its North West store.

Department store retailer John Lewis & Partners is said to be considering dropping its Never Knowingly Undersold slogan while one of its recently-closed stores could become a dedicated furniture shop under a different operator.

Privately-owned furniture retailer Barker and Stonehouse has raised £10,000 to be shared between charities representing the furniture industry and the NHS after organising a socially-distanced golf competition.

The one-time owner of the now defunct Walmsley's furniture chain and ex-IKEA sofa maker Olympia has returned to the interiors sector after acquiring the retail division of a £30 million soft furnishings group.

The net worth of a two-store furniture retailer with a sizeable Internet operation advanced after it kept six-figure profits within the business in 2019–20.

Ecommerce home goods retailer Wayfair has moved to protect shareholder value by authorising the buyback of up to $700 million (£535m) of outstanding class A shares in the company.

Privately-owned furniture retailer Arighi Bianchi has donated furniture worth £32,000 for NHS staff to use during rest periods in wellbeing areas across local hospitals.

The value of furniture and lighting sales climbed rapidly in July according to the Office for National Statistics (ONS), backing up widespread anecdotal data.

The bounceback is well underway with U.K. furniture retailers having already recouped much of what was lost from when the Government mandated retail and factory shutdowns earlier this year.

Consumer confidence for major purchases such as furniture, cars and white goods is at its strongest level since before the pandemic, but remains at a historically weak level.

The company behind the 78-store U.K. home and furniture chain HomeSense says the runway is long as it looks to capitalise on post-lockdown demand for its home-related merchandise.

Poundland stores nationwide will carry a programme of inexpensive home and décor items with the rollout of Pep&Co Home concessions across its U.K. store network.

The acquisition of upholstery vertical Sofa.com can buttress Frasers Group's plan to trade up, the diversified retail giant said today.

East of England furniture retailer Glasswells will reopen its Bury St Edmunds superstore on Saturday after cleaning up the devastation caused by a storm last weekend.

Designer Contracts, deVol Kitchens and the founder of a furniture comparison website are among those from the industry to be shortlisted for The Lloyds Bank National Business Awards U.K. 2020.

Charles Barker, the longtime managing director at Barkers of Northallerton, the privately-owned furniture and department store retailer, has died. He was 69.

Employee headcount fell by 8 percent at pan-European ecommerce furniture retailer Home24 in the first six months of the year, a period that saw it move closer to profit on rising sales.

Harvey Ellis, who for decades ran what became one of Europe's largest sofa manufacturing operations as production director for DFS, formally left the business earlier this summer.

When a reasonably prominent South East furniture retailer, a business that continues to trade today, completed an insolvent restructure a few years back, suppliers were relatively unconcerned.

Online retailer The Very Group, historically one of the top five largest retailers of furniture in the U.K., says sales jumped more than a third in the three months to end June.

The vast Shrewsbury store formerly operated by Alan Ward has this week reopened under the Cousins Furniture fascia as it clears out stock acquired as part of the buyout.

Online sales ramped for TJ Hughes during lockdown, with the discount department store chain saying its Internet business had "experienced exponential growth."

Jarrow cabinet furniture and shelving company Funky Chunky Furniture says it expects to achieve over £4 million in sales in the next year after it expanded and reconfigured its manufacturing operation.

The decision to wind down European operations was completed by Casper Sleep in the second quarter of 2020 with the decision, through no fault of its own, appearing to be ill-timed.

Deficit at department store group — a major U.K. retailer of furniture — was the result of falling sales, but also heavily impacted by a series of non-cash charges, and credits.

Third quarter gain as U.K. kitchens chain rolls out trade concept.

Five-store mattress retailer restructured via a prepack after losses at two of its stores prompted need to withdraw from leases, says administrator.

Wayfair, the ecommerce home retailer, has introduced a range of flexible credit options for its U.K. customers after extending its partnership with Klarna, the payments company.

The new chief operating officer at upholstery retailer Sofology says he is joining "one of the few retailers with opportunities to open more stores at a time when most are looking to shrink."



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