Furniture Village

Last updated

Furniture Village Limited
FormerlyKiteshield plc (October–December 1988) [1]
Industry Retail
Founded1989
FounderPeter Harrison
David Imrie
Headquarters Slough, England, UK
Number of locations
50+
Products Furniture
Website furniturevillage.co.uk

Furniture Village Limited is a British furniture retailer................ It has over fifty stores throughout the United Kingdom, the first of which was opened in Abingdon, and also sells online. The company is headquartered in Slough. [2] It is the largest privately owned furniture chain in the United Kingdom. [3] Their target market is the upper end of the price range for the moderately rich. [4] Their advertising has attempted to establish quality, rather than price, as the distinguishing point from competitors DFS. [5]

Contents

History

The company was established in 1989 by Peter Harrison and David Imrie in partnership with Cadogan Estates. Cadogan Estates sold its 70% stake in the chain to its management, led by Peter Harrison, in December 2001. [3] In August 2002, Furniture Village bought three Conroys stores from the administrators to give it a presence in North East England. [6] Also in 2002, the company launched an upmarket retail brand, the London Furniture Company, [7] but this was unsuccessful and closed in 2005. [8]

Awards

Furniture Village has won trade magazine Cabinet Maker's awards for small, medium and large retailer of the year. [4] It won the National Interiors Retailer of the Year award for 2007. [9] Furniture Village has won The National Bed Federation (NBF) award for Multiple Bed Retailer of the Year 2014/15. The award was presented at a gala dinner following the UK's largest bed exhibition, The Telford Bed Show, where the UK's leading bed retailers and suppliers were in attendance. [10]

In June 2020, they won the Retail Family Business of the Year. The company was also named Bed Retailer of the Year 2020/2021 by the National Bed Federation.

Related Research Articles

<span class="mw-page-title-main">Waitrose</span> British supermarket chain owned by John Lewis Partnership

Waitrose & Partners is a British supermarket chain, founded in 1904 as Waite, Rose & Taylor, later shortened to Waitrose. In 1937, it was acquired by the John Lewis Partnership, the UK's largest employee-owned business, which continues to operate the brand. The company's head offices are in Bracknell, Berkshire.

<span class="mw-page-title-main">British Home Stores</span> Former British department store chain

British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, was a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products.

<span class="mw-page-title-main">GUS (retailer)</span> Former British retail, manufacturing and finance conglomerate

GUS plc was a FTSE 100 retailing, manufacturing and financial conglomerate based in the United Kingdom. GUS was an abbreviation of Great Universal Stores, the company's name before 2001, while it was also known as the Glorious Gussies amongst stockbrokers. The company started out as Universal Stores, a mail order business created by the Rose family. In 1931, Isaac Wolfson joined the mail order company and would, through a series of takeovers, turn it into a retail, manufacturing and financial conglomerate, becoming Europe's biggest mail order firm and with over 2,700 physical stores. His son, Leonard Wolfson, followed him as chairman, to be succeeded by his nephews David Wolfson (1996–2000) and Victor Barnett (2000–2002). During the 1980s, the business divested much of its physical retail and manufacturing subsidiaries under Leonard Wolfson to concentrate on mail order, property and finance. In October 2006, the company was split into two separate companies: Experian which continues to exist, and Home Retail Group which was bought by Sainsbury's in 2016.

Budgens Stores Limited, trading as Budgens, is a chain of grocery stores in the United Kingdom. The business was founded in 1872 by John Budgen, who opened the first shop in Maidenhead, Berkshire and was incorporated as a private limited company on 28 May 1962. The company is a subsidiary and retail fascia of Booker Group, part of Tesco plc.

<span class="mw-page-title-main">Argos (retailer)</span> British catalogue retailer

Argos Limited is a British retailer operating in the United Kingdom online and through catalogues, and formerly in Ireland; it was acquired by Sainsbury's supermarket chain in 2016. It was established in November 1972 and is named after the Greek city of Argos. The company trades both through physical shops and online, with 29 million yearly shop customers, and nearly a billion online visitors per annum. It has also franchised overseas to countries such as China.

Habitat is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.

<span class="mw-page-title-main">MFI Group</span> Defunct British furniture retailer

MFI Group Limited was a British furniture retailer, operating under the MFI brand. The company was one of the largest suppliers of kitchens and bedroom furniture in the United Kingdom, and operated mainly in retail parks in out of town locations. Anecdotally, it was said at one stage that one in three Sunday lunches in the United Kingdom were cooked in a kitchen from MFI, and 60% of British children were conceived in a bedroom from MFI.

<span class="mw-page-title-main">Home Hardware</span> Canadian retail store chain

Home Hardware Stores Ltd. is an independent home improvement retailer located in Canada. Co-founded by Walter Hachborn in 1964, and headquartered in St. Jacobs, Ontario, the company has close to 1,100 stores that operate under one of four banners: Home Hardware, Home Hardware Building Centre, Home Building Centre, and Home Furniture.

<span class="mw-page-title-main">ILVA</span> Danish furniture store chain

ILVA is a Danish chain of furniture stores, offering mostly Scandinavian-style bed-, dining- and living room products. The company was founded in 1974, and currently runs eight stores in the Nordic countries. It also had three stores in Britain for about two years, but these were forced to close down during the 2008 financial crisis.

<span class="mw-page-title-main">Hygena</span> British fitted kitchen and furniture brand

Hygena is a dormant brand of fitted kitchen and furniture in the United Kingdom.

<span class="mw-page-title-main">Stollers</span>

Stollers is a British-based home furnishings retailer. It is located at Walney Road, Barrow-in-Furness, Cumbria, England. It is currently one of the largest single site furniture stores in the country.

Superdrug Stores plc is a health and beauty retailer in the United Kingdom, and the second largest behind Boots UK. The company is owned by AS Watson Limited which is part of the A.S. Watson Group. It was acquired as part of the buyout of Kruidvat BV in October 2002. The A.S Watson Group is itself part of the Hong Kong conglomerate CK Hutchison Holdings.

<span class="mw-page-title-main">Dwell (retailer)</span> UK retailer of furniture

Dwell is a retailer of furniture in the United Kingdom. The company was originally established in 2002 as Dwell Retail Ltd., and opened its first store in London the following year. The company was acquired by British retail group DFS in August 2014.

<span class="mw-page-title-main">Smiggle</span> Australian stationery store chain

Smiggle is an Australian-based retail store chain that sells stationery and related accessories. It was founded in Melbourne by Stephen Meurs and Peter Pausewang in 2003 and acquired by the Just Group in July 2007. As of February 2016, the chain has stores located across Australia (135), New Zealand (23), Singapore (17), United Kingdom (100), Hong Kong (14), Malaysia (22) and the Republic of Ireland (3). Smiggle is renowned for its use of vibrant bold colours and quirky graphics on most of its branded products.

EziBuy is a New Zealand and Australian multi-channel retailer. It sells clothing, homeware and gifts through a multi-channel model in both countries.

<span class="mw-page-title-main">Cargo (retail chain)</span> British homewares retail chain

Cargo was a British homewares retail chain, with 43 stores mostly situated in London and south-east England.

Loaf is a British company, which operates as a high street retailer. Charlie Marshall founded the retail brand, which was formerly known as The Sleep Room. Their showrooms are mainly focused around the London area.

Schreiber was a brand of fitted kitchen and furniture operating in the United Kingdom.

The retail format influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains.

References

  1. "FURNITURE VILLAGE LIMITED overview - Find and update company information - GOV.UK". Companies House . 20 October 1988. Retrieved 27 January 2024.
  2. "Furniture Village Limited", Companies House. Retrieved 5 March 2011.
  3. 1 2 "Cadogan sells Furniture Village". The Daily Telegraph. 8 December 2009.
  4. 1 2 "Sofa so good: Furniture Village founder Peter Harrison has underpinned the success of his brand with lucrative property strategies. Christine Eade sits down for a chat.", Property Week, 9 July 2004.
  5. "Furniture Village to emphasise quality.", Marketing, 29 June 2005.
  6. "Conroys orders to be honoured.", Cabinet Maker, 16 August 2002.
  7. "Furniture Village boss quits amid ad review.", Marketing Week, 9 October 2003.
  8. "Upmarket test for Furniture Village.", Cabinet Maker, 11 November 2005.
  9. "Meeting demands pays off.", Cabinet Maker, 26 January 2007.
  10. "NBF awards champion best in bed industry".