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Consumer confidence flatlines in November

GfK’s long-running Consumer Confidence Index was unchanged at -14 for November. One measure increased, one stayed the same, and three measures decreased – including the major purchase index, which fell by one point to 0 (up three points YoY). It has been nearly four years since consumer confidence was in positive territory. Joe Staton, client strategy director at […]

Shire obtains quality certification | Furniture News Magazine

As part of its drive to improve standards by establishing a quality management system (QMS), Dewsbury’s Shire Beds has achieved ISO 9001:2015. MD Fara Butt (pictured) comments: “We are proud of our achievements. Our QMS will help us to deliver quality products and service consistently to our customers.” Shire Beds has invested heavily in continuous growth, which began […]

Villa Nova by LDP | Furniture News Magazine

Louis de Poortere has created a range of rugs aimed at inspiring children with colours, larger-than-life patterns and imagination for their rooms. The rugmaker has captured the essence of Villa Nova’s Picturebook range in 10 designs, all crafted using the time-proven techniques and quality materials that have made the Belgian manufacturer one of the leading […]

Cash offer hastens Carpetright takeover

Carpetright has agreed terms of a recommended cash offer from MHL to acquire the retailer’s share capital not already owned by Meditor (see related), bringing a takeover one step closer. MHL is a newly incorporated wholly-owned subsidiary of Meditor which was established specifically for the purpose of the acquisition. Last month, major Carpetright debt- and shareholder Meditor […]

The Big Question: How do you achieve a good work/life balance (if at all)?

What do you think? From emerging trends to the latest business principles, Furniture News is setting out to gauge the trade’s feelings on a variety of industry-specific topics. Today, we’re asking: “How do you achieve a good work/life balance (if at all)?” Jessica Alexander (AKA PR, NBF): Discipline and delegation! Plus making sure I have plenty […]

On location: Stressless, TCR | Furniture News Magazine

Norwegian recliner specialist Ekornes, purveyor of the Stressless brand, opened its first UK showroom this summer. Located on London’s fast-evolving furniture retail strip, the store – formerly occupied by Designer Sofas – is set over two floors, and is the global brand’s first foray into D2C physical retail. Furniture News speaks to the MD of […]

Autumn Fair unveils new furniture focus

In response to “strong market growth”, UK home and gift industry event Autumn Fair will introduce The Furniture Collection, a platform for mid- to high-end furniture, at next year’s edition. The Furniture Collection will join the show’s established Living Accents & Décor sector for its 30th anniversary, following continued investment from organiser Hyve Group. Described as “a new destination for retailers, interior […]

Argos sales “ahead of the market” as Sainsbury’s integration continues

In the 28 weeks to September 21st, Sainsbury’s saw underlying retail sales (including VAT, excluding fuel) decrease by -0.6%, driven by declines in general merchandise and clothing sales. LFL sales (excluding fuel) were down -1.0%. Argos sales reportedly grew “ahead of the market”, and Fast Track delivery and collection continue to grow. Investment in store estate continued during the half, with improvements made […]