Bensons for Beds
This coverage examines Bensons for Beds’ strategic developments within the UK retail sector, focusing on its store network, brand evolution, and market positioning. Reporting includes updates on store openings and closures, leadership changes, marketing campaigns, and the brand’s response to shifting consumer preferences in the home furnishings market. Insights are tailored for retail professionals overseeing operations, brand management, and strategic planning in the furniture retail sector.
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Apr- 2024 -18 AprilDIY
Bensons for Beds appoints new CCO
Bensons for Beds has announced the appointment of Mark Slater as chief commercial officer (CCO), which will see him become part of the retailer’s executive team. Having joined the business in an interim capacity in February, Slater brings with him experience from the executive team of Howdens. Prior to that,…
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Mar- 2024 -15 MarchDIY
Bensons For Beds returns to profitability in FY23
Bensons For Beds has reported a return to profitability as turnover grew by 7.5% to £257.5m for the 53 weeks to September 2023, along with reported EBITDA profits of just over £1.5m from a previous loss of £15.4m. The bed retailer has attributed its performance to the implementation of its…
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Nov- 2023 -8 NovemberNews
Today’s news in brief-8/11/23
JD Sports is facing scrutiny over a £3.5m non-compete deal with its former CEO, Peter Cowgill. This agreement, signed in September of the previous year, was intended to prevent Cowgill from working with or advising competitors for the next two years. However, it has come to light that Cowgill has…
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8 NovemberHigh Street
Bensons for Beds sees 7% sales rise despite ‘tough market conditions’
Bensons for Beds has reported a +7% LFL sales growth for the year ending 30 September 2023, despite tough market conditions. The results follow the retailer’s consistent sales progress in Q1 (7%), Q2 (9%), Q3 (8%) and Q4 (7%). The news comes on the back of a “successful” transformation strategy,…
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Oct- 2023 -9 OctoberHealth & Beauty
Natura sets final bid deadline for The Body Shop
Body Shop owner Natura and Co has announced that interested parties have to submit their final bids by 23 October 2023, according to Retail Week. It revealed that Morgan Stanley will be handling Body Shop’s sale on behalf of Natura and Co and has set a final deadline to get…
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6 OctoberNews
Today’s news in brief-06/10/23
Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As part of its Phoenix strategy, the company plans to increase investments to enhance revenue growth, brand desirability, and expand its store network. This includes positioning itself as an affordable luxury…
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6 OctoberHealth & Beauty
The Body Shop bidders hesitate over £500m valuation
Private equity firms interested in acquiring The Body Shop are reportedly being put off by owner Natura and Co’s high valuation. According to Retail Week, the Brazilian company is asking for between £400-£500m to part with the health and beauty retailer. Earlier this week it was reported that Lloyds Pharmacy…
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Jul- 2023 -10 JulyNews
Bensons for Beds appoints new non-executive director
Nationwide sleep experts Bensons for Beds has announced the appointment of Lindsay Haselhurst as a non-executive director. Haselhurst previously held a number of senior roles at logistics giant Wincanton across UK and Europe, having more than 20 years of experience in operations and supply chain. She is currently chief operating…
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4 JulyNews
Bensons for Beds maintains sales momentum in Q3
Nationwide bed and mattress retailer Bensons for Beds has announced the continuation of its FY23 sales momentum in the third quarter, posting an 8% like-for-like sales increase for the three months to the end of June. This consistent like-for-like sales growth maintains the 8% growth posted for the first half…
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Jun- 2023 -8 JunePeople Moves
Bensons for Beds appoints chief retail officer
Bensons for Beds today has confirmed the appointment of Paul Owen to join its leadership team as chief retail officer. Owen will join Bensons after almost three years as board member and director of store operations for Magnet Limited. The group said he has “significant experience” of the bed and…
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