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.
Congrats on the new Birmingham store! Thank you, we’re really excited! I think the Midlands has been underserved for quality home furnishings for a very long time, and as our second city, Birmingham is the obvious place to address that. In the new store, how have you incorporated Heal’s themes and patterns to create a sense of luxury while maintaining the character of the heritage brand?
Habitat has announced a new head of product design as its creative director departs from the home interiors and furniture chain. Polly Dickens is set to step down from her current position as creative director at the end of January 2018, after six years with retailer. She said she plans to spend some time travelling with her husband after spending 30 years in the industry
Habitat has announced plans to roll out its mini store format inside four Sainsbury’s supermarkets by November after a successful trial in six locations. The furniture retailer is eyeing locations in York, Manchester, Newcastle and London, and once opened there would be 10 mini-format Habitat stores in operation – all of which are a mixture of standalone stores or stores-within-stores. Like the existing mini stores, the four new ones would take up 2000sq ft with an edited range of over 600 products across furniture, upholstery, lighting, homewares and textiles
DFS has said ongoing consumer uncertainty and the slump in the value of the pound since the Brexit vote has adversely impacted its full-year profits. READ MORE: DFS warns of “significant declines” in footfall and orders In its 52-week period ending July 29, the furniture retailer’s profit before tax plunged 22.3 per cent to £50.1m while EBITDA fell 12.7 per cent to £82.4 million. However, gross sales climbed 1.1 per cent to £990.8 million and revenue edged up 0.9 per cent to £762.7 million