Robbie Feather has been promoted to group chief executive at The Very Group (TVG), owner of the Very and Littlewoods brands and one of the U.K.'s largest retailers of furniture and beds.

Officials tasked with setting director pay levels at upholstery market leader DFS have defended a higher-than-average increase for its CEO by citing retention and motivational reasons.

Revenue climbed for the third year straight at beds and bedroom retailer And So To Bed last year though rising costs meant it was reliant on lower director pay to deliver earnings growth.

Independent retailer Loom Loft Furniture & Interiors has detailed the confirmed timeline for the launch of its new store at Preston Docklands this spring.

Jason Tarry, who stepped down as CEO of Tesco's U.K. and Ireland business last month, will succeed Sharon White as chairman at John Lewis Partnership, parent to John Lewis and Waitrose.

Italian upholstery vertical Natuzzi has cited the U.K. market as pivotal to a plan to accelerate its worldwide strategy evolution from wholesale to retail.

Flooring and furniture retailer Pay Weekly Carpets and Vinyls saw its financial performance impacted by more stringent customer credit checks last year but it expects pay back in the shape of lower future bad debt.

Carpetright is said to be looking to cut costs amid tough trading conditions while one of its larger flooring retail rivals has also taken steps to adjust to challenging demand.

Upmarket kitchen and bedroom furniture maker and retailer John Lewis of Hungerford returned to profit last year thanks to a gain on the disposal of property.

Specialist private equity firm Alteri Investors provided national bed specialist Bensons for Beds with another high seven-figure chunk of debt and equity funding last year.

An investment professional has acquired the trading company behind the historic Julian Charles Home furnishings retail business in a transaction that sees its turnaround backer cede control.

Kayla Wilson has been promoted to marketing director at Furniture Box, one of the U.K.'s largest ecommerce furniture retailers.

Fast growth over the past decade has propelled India into one of the largest worldwide furniture markets, with the trend set to continue this year and next.

Renascent upholstery brand Maker & Son has opened a showroom in Los Angeles, the first of several planned for the U.S. market.

The CEO of RH, the high-end U.S. furniture retailer that launched here with its RH England gallery last year, says ecommerce has been the most surprising aspect of its entry into the U.K. market so far.

International furniture retailer BoConcept has reorganised its senior leadership team including the hire of a senior U.K. jewellery retail executive to a new C-suite role.

Auditors have signed off the 2022/23 accounts of designer furniture, lighting and homeware retailer The Conran's Shop with a qualified opinion.

Home improvement retail chain Homebase has launched its first television advertisement in three years as it looks to elevate its brand profile and boost sales.

Sofa retailer's expansion follows ownership concentration via share buyout.

Quarterly insolvencies across the U.K. furniture, furnishings and floorcoverings sectors have declined for the first time since the end of 2022.

The number of U.K. housing transactions declined for the 15th straight month in February but at the shallowest rate throughout that period.

Profits were close to flat at Cousins Furniture last year as the independent retailer found margin to offset the impact of a softer demand environment.

Direct-to-consumer cabinet furniture maker Strachan felt the impact of higher costs and lower demand last year as it slipped to its first loss on public record.

National retailer Bensons for Beds has brought all eve mattress production in house as part of the biggest product launch for the brand since its acquisition two years ago.

Premium furniture and interiors retailer RH is to push back the launch of its new gallery in Paris as a result of construction restrictions related to the summer Olympics.

Logistics company DX Group is expanding its two-person delivery division with the opening of two additional 'supersites', one in the North West and the other in London.

Linley, the ultra high-end furniture maker, retailer and interior design company, says it hopes to cut the cost of its outstanding borrowings with its bank debt almost due to be repaid.

Freemans Grattan Holdings (FGH), one of the U.K.'s largest retailers of furniture online, has brought in a substantial sum from share capital funding for the second time within the space of five months.

Ingka Investments, the world's largest IKEA franchisee, has agreed to acquire the remaining 51 percent shares in finance partner Ikano Bank, becoming its outright owner.

The success of bedroom products sold and shipped by third party vendors has catapulted furniture into one of the best-selling ecommerce categories for B&Q, the retail giant best known for DIY and home improvement.

The CEO of ArrowXL has reassured stakeholders that the appointment of restructuring advisors at its parent company will not impact furniture deliveries or other parts of its operations.

General merchandise and food retailer Marks & Spencer (M&S) is to cut the number of furniture products it sells, leading to a reduction in hitherto key product categories such as sofas and beds.

A furniture wholesale company with close ties to a Glasgow home furnishings retailer that filed for insolvency last month is among its largest creditors.

Former Steinhoff chief executive Markus Jooste has died, a day after being handed a record fine by regulators following the accounting scandal that led to the break up of the one-time furniture conglomerate.

Furniture retail sales fell for the fifth straight month in February with the Office for National Statics also revising January trade further downwards.

Nearly a dozen members of the leadership team now have skin in the game at Bensons for Beds following changes in the U.K.'s second-largest beds specialist's share structure late last year.

General merchandise giant Next plans to broaden the big-ticket offer of its Made business over the next 12 months as part of a wider plan to reconnect with former brand advocates.

Fashion-to-furnishings retail giant Next has delivered bullish sales and profits guidance after saying it faces headwinds that are not nearly as strong as at anytime in the past seven years.

Expanding furniture retailer NCF Living will next week launch its first-ever television advertising campaign ahead of it embarking on further store growth.

Demand declined from record highs for upholstery vertical Saxon Furniture last year ahead of the sofa maker and retailer expanding its geographic reach and investing in new product development.



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



Already a subscriber?    Sign In