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DFS profits slump

DFS has reported big slump in profits. The Sofa retailer has admitted to the “most operationally challenging year” it can remember with the industry-wide issues of Covid-related supply issues, double digit cost inflation and skill shortages sending annual pre-tax profit falling by 44.8%.  Moreover, the company warned that the industry is facing...

About 2 years ago

B&M boss to step down

B&M has revealed when its billionaire chief executive will step down. Simon Arora has led the Liverpool-headquartered business for almost two decades but will leave his role on September 26. The date has just been announced by the listed company after his departure was first revealed in April. Arora will remain on...

About 2 years ago

AO partners with Sonos

Online electricals retailer AO has partnered with Sonos to enable it to sell the sound experience company’s products on its website. The company said that its customers can now purchase a wide range of Sonos products on the site while benefiting from its price match promise. In total, AO.com will be retailing...

About 2 years ago

JYSK grows turnover by 11%

JYSK has grown its turnover by 11% to DKK 36.2 billion in its 2021/22 financial year despite challenging trading conditions. It also saw its customer number increase by 7.7 million as it opened a total of 135 new stores in Europe in the period. The company said it was happy with the...

About 2 years ago

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