According to the company, other furniture retailers have begun copying popular merchandise and selling it at lower price points, leaving Pier 1 in a tight spot.
Art Van Furniture has appointed a veteran retailer as its next chief executive.
Art Van Furniture is looking for a new chief executive.
The fast-growing Art Van Furniture unveiled a new look at its just-opened flagship in Canton, Michigan.
Dunelm has reported like-for-like sales growth in its second quarter, which included the Christmas trading period, driven by a surge in online revenues despite margin pressures. In a trading update for the 13 weeks to December 30, the furniture retailer said total second quarter like-for-like sales increased 3.4 per cent to £255 million, boosted by a 30.5 per cent jump in online sales to £26.2 million.
Ashley Furniture is taking steps to unify customer experiences across all of its touchpoints.
The majority of furniture retailer Feather & Black has been rescued from collapse after administrators carried out a successful sale of the business. Under the terms of the sale, Swedish beds manufacturing firm Hilding Anders will acquire 17 out of a total of 20 Feather & Black stores. The three remaining stores – and five concessions within Multiyork stores – will however be closed
Amid a profit fall, the furniture retailer is focusing on how and where it sells its goods, as well as potential acquisitions.
Art Van Furniture has boosted its store count by acquiring two longstanding, family-operated furniture companies.
The Competition and Markets Authority (CMA) has given the proposed £25 million merger of DFS and Sofology the green light. Furniture retailer DFS first announced plans to take over rival chain Sofology in August.