Multiples

  • UK business delivers ‘exceptional’ quarter for Steinhoff despite Brexit uncertainty

  • Bensons for Beds issues Mattress Report response

  • Bunnings CEO steps down into advisory role

  • The Range to open second store in Ireland

more news

Ikea

IKEA surpasses €35bn sales milestone; invests €1bn in sustainable materials

Swedish furniture giant IKEA Group has reported a total net income of €4.2bn, whilst sales reached €35.1bn, a growth of 7.4% on last year.

Beales

Beales expects profitability to return as it streamlines store estate following CVA

Department store group Beales has reported a sharp reduction in losses as it continues to streamline its store estate following its CVA.

Topps tiles

Topps reports like-for-like calculation error

Tile specialist Topps Tiles has discovered an error in its latest annual financial results published at the end of November, stating that its like-for-like sales figure in its current financial year had in fact fallen.

Brc master logo purple

Black Friday delivers mixed bag as UK retail sales growth slows

Furniture sales perform ‘particularly well’ in November as Black Friday delivers a mixed bag for UK retail sales.

Range 830x429

The Range opens in Tunbridge Wells; one to open and close in Exeter

Value retail chain The Range has indicated that it will close one store in Exeter when its newer premises opens in a different location.

Neptune pic

Neptune opens Bristol store; proposed plans to expand in London

Swindon-headquartered supply business Neptune has opened its newest store today in Somerset.

Steinhoff international logo

UK business delivers ‘exceptional’ quarter for Steinhoff despite Brexit uncertainty

8 December 2016

South African conglomerate Steinhoff International, which owns UK brands Benson for Beds and Harveys, has reported a double-digit growth in its latest quarterly update with its UK market performing ‘exceptionally well’.

Worldstores

Head of QA at MattressesWorld (Worldstores) offers response to Mattress Report

8 December 2016

Jeremy Mace, head of quality assurance at MattressesWorld (Worldstores) got in touch with Cabinet Maker in response to the findings of the 2016 Mattress Report.

Bensons for beds shop lincoln web

Bensons for Beds issues Mattress Report response

8 December 2016

Alan Williams, managing director at Steinhoff Retail Operations has got in touch with Cabinet Maker to respond to the Mattress Report findings. Five mattresses were purchased from the retailer, all of which passed the tests.

Bunnings store

Bunnings CEO steps down into advisory role

8 December 2016

New Homebase owner Wesfarmers has confirmed that long-serving Bunnings CEO John Gillam is stepping down as managing director after 12 years in the role.

Range 830x429

The Range to open second store in Ireland

8 December 2016

Homewares and furniture retail chain The Range has confirmed that it plans to open a new store in Ireland.