BusinessPostCorner.com
No Result
View All Result
Friday, July 17, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Bensons for Beds buys 19 Carpetright stores

August 7, 2024
in Business
Reading Time: 2 mins read
A A
0
Bensons for Beds buys 19 Carpetright stores
ShareShareShareShareShare

Carpetright’s brand, intellectual property, 54 of its stores and two warehouses were bought by rival Tapi weeks later.

But Carpetright’s collapse led to the closure of more than 200 of its other stores and redundancy for more than 1,000 employees.

Bensons chief executive Nick Collard said increasing the number of its stores was a priority for the furniture retailer.

It wants to bump up the number from 162 shops at present to more than 200 over the next few years.

This is despite bosses at Bensons highlighting “challenging” conditions for the sale of more expensive furniture items.

Mr Collard said Bensons had been gaining market share after returning to profitability in 2023, “reflecting the hard work from all our colleagues across the organisation”.

He added that buying the Carpetright stores “leaves us well placed when the wider market starts to recover”.

PwC joint administrator Rachael Wilkinson said: “We’re pleased to have reached an agreement for the sale of 19 former Carpetright stores to Bensons for Beds, and echo their hopes that the transaction will create future employment opportunities for former Carpetright employees.”

Carpetright was founded in 1988, and ran into trouble in April when sales slumped following a cyber-attack that put it’s online ordering system out of action.

But it had been struggling with slowing consumer demand for some time.

In July the boss of Tapi said he was “desperately sad” not to have been able to save more customer orders and jobs.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Tax bill failure in Senate could decimate small-biz R&D

Next Post

Nissan trials cooling white paint to combat climate-change-induced heat

Next Post
Nissan trials cooling white paint to combat climate-change-induced heat

Nissan trials cooling white paint to combat climate-change-induced heat

Tropical nights come to Europe

Tropical nights come to Europe

July 11, 2026
CBO: U.S. Treasury has borrowed 5 billion every month of this fiscal year

CBO: U.S. Treasury has borrowed $155 billion every month of this fiscal year

July 10, 2026
Trump adviser says leftwing extremism is ‘fatal cancer to civilisation’

Trump adviser says leftwing extremism is ‘fatal cancer to civilisation’

July 16, 2026
California lawmakers push fix for Hollywood tax credits

California lawmakers push fix for Hollywood tax credits

July 13, 2026
Goldman’s Kathy Ruemmler tells Congress Epstein emails taken out of context

Goldman’s Kathy Ruemmler tells Congress Epstein emails taken out of context

July 15, 2026
Should you be switching bank accounts?

Should you be switching bank accounts?

July 10, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

U.S. companies have received  billion in tariff refunds but now must combat Iran war inflation

U.S. companies have received $71 billion in tariff refunds but now must combat Iran war inflation

July 17, 2026
Volunteering at Sheffield food charity saved me from loneliness

Volunteering at Sheffield food charity saved me from loneliness

July 17, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!