Back in the black

Bensons for Beds says it has returned to the black and seen strong trading continue into 2022.

The chain says it saw an operating profit of £1.6m from sales of £101.9m in the five months to 30 September. This compared with an operating loss of £24.9m from sales of £148.4m in the 10 months to 30 April 2021.

Like for like sales in the seven weeks were 10.5% higher than 2019/2020. 

It plans to open or relocate 35 branches this year.

‘We have made huge progress on our transformation plans which are built around turning Bensons for Beds into a true omnichannel retailer. The business has worked hard to minimise disruption from the impact of Covid-19, on our colleagues and customers and on our supply chains. Navigating this period has been a huge challenge, and the board is grateful for the support of our suppliers, colleagues, and shareholders. Though some macroeconomic uncertainty remains, the business is well positioned to push ahead with its transformation and to deliver the growth we have set for ourselves,’ says Ian Shepherd, Bensons for Beds chairman.

Bensons for Beds store

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