Furniture retailer Wayfair to cut 870 jobs
August 19, 2022 2:14 pmOnline furniture retailer Wayfair has reported it will cut about 870 jobs, or 5% of its global workforce, as it looks to cut back operating expenses and... View Article
Home and DIY Retail News
Made.com considering capital raise
August 18, 2022 8:27 amOnline furniture retailer Made.com has confirmed that it is considering a potential equity capital raising as it looks to strengthen its balance sheet. The news follows... View Article
IKEA to liquidate Russian unit as part of sanctions-led pullout
August 17, 2022 3:37 pmIKEA has decided to liquidate its Russian unit, further scaling back its operations after more than a decade-long presence in the country. The Swedish furniture giant closed... View Article
Bensons secures growth funding from Alteri Investors as its appoints new COO
August 17, 2022 10:19 amBensons for Beds has secured additional funding from owner Alteri Investors to drive its growth and transformation plans. The investment will accelerate digital development and help... View Article
Maker & Son acquired by Inc & Co
August 16, 2022 10:56 amThe Maker & Son furniture brand has been acquired by Inc & Co in a multi-million-pound deal. Established by father and son duo Alex Willcock and... View Article
TCM Living names Kellie Oliver as managing director of AMX Design
August 16, 2022 8:19 amSofa designer and maker TCM Living has appointed Oak Furnitureland’s head of buying Kellie Oliver as managing director of AMX Design. Oliver has been in the... View Article
Oak Furnitureland accelerates sofa category expansion
August 15, 2022 10:52 amOak Furnitureland has significantly increased the size of its sofa range as part of plans to diversify its product offering. The retailer has launched eight new... View Article
Mattress Online continues with its ‘clicks-and-mortar’ expansion
August 10, 2022 2:07 pmYorkshire-based Mattress Online is to open a further store as part of an ambitious ‘clicks-and-mortar’ expansion. The business acquired the Skipton Bed & Sofa Centre earlier this... View Article
Bensons teams up with Absolute Radio charity to provide 100 beds for kids
August 10, 2022 8:34 amBensons for Beds has teamed up with Absolute Radio’s Cash for Kids charity to help children across the country who do not have their own bed... View Article
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