Harveys and Bensons boss Stuart Machin is to leave to join Marks & Spencer.
The January Furniture Show will see the return of a decorative lighting exhibition next year.
Carpetright raises a £12.5m short-term loan as it looks to CVA while Walsh takes a swipe at his predecessors
Carpetright has raised a £12.5m short-term unsecured loan (at a cost of almost £2m) as it confirmed it is considering a Company Voluntary Agreement to allow it to ditch under-performing stores before calling on shareholders to invest up to twice the chain’s current stockmarket value.
Carpetright has seen its shares drop by another 15% as investors reacted to suggestions it was considering a Company Voluntary Agreement in order to close loss-making branches and cut its rent bill.
Airea is to close its loss-making residential carpet manufacturing subsidiary Ryalux to concentrate on the contract sector.
Home sales again fell in the past week at John Lewis.
LVT manufacturer Moduleo has begun rolling out its latest in-store showroom concept.
ScS has seen its share price drop by 11.5% after blaming the Beast from the East for a significant drop in sales.
Carpetright saw its stockmarket valuation plummet to less than £30m yesterday when is shares fell by more than a fifth.
Silentnight is to open a second retail showroom.
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