Furniture

Another decent turnover growth for Beter Bed

Dutch Beter Bed Holding has raised its first quarter turnover by 7.6 %, partially thanks to its acquisition of Sängjätten. However, excluding that, turnover would still have grown 5 %.

New distribution center is start of Casa's 20.20 strategy

A new distribution center for Belgian store chain Casa is also the launch of its new strategy Casa 20.20, designed to help the chain grow once more.

Jysk opens its first Belgian stores

Jysk, considered to be Ikea's Danish counterpart, will open its first Belgian stores in Schoten and Genk tomorrow. Lanaken will follow with its own store in May and Olen in September.

Ikea presents the living room of the future

Ikea will present the living room of the future this week. During the Milan designweek, Salone del Mobile, the furniture store chain will open the Ikea Festival Let's Make Room for Life

London’s financial world loves Action

According to British business bank Morgan Stanley, Benelux discounter Action is worth about 10 billion euro, a “conservative calculation”. Majority shareholder 3i’s share immediately skyrocketed.

Ikea Hasselt turns into virtual kitchen "playground"

Swedish furniture store chain Ikea is testing two virtual kitchen applications in three of its stores: one in Canada, one in Sweden and one in Belgium (Hasselt). The apps should help customers plan their kitchen better and enhance customer experience.

Web shops with cheap designer furniture will shut down

Changes in Britain's copyright law, now in line with the European Union's legislation, will mean the end of web shops selling cheaper design furniture knockoffs.

Ikea acquires stake in plastic recycling plant

Swedish Ikea group acquired a 15 % minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling plant. It is a sign of how important a circular economy is to the company. 

First Belgian JYSK stores open doors in April

Danish store chain JYSK will arrive in Belgium in April: the first two stores will open on 5 April in Genk and Schoten (near Antwerp).

Strong third quarter growth for Carpetright

In the third quarter of its fiscal year, Carpetright presented positive results once more after two difficult quarters with harsh market conditions.

Ikea plans more sustainable store in Greenwich

Swedish furniture store chain Ikea aims to build a new type of store in the United Kingdom, one with a larger focus on sustainability. The plans, which still have to be approved, have met with some resistance from locals.

Birkenstock now has a bed collection

German shoe brand Birkenstock launched a collection of beds at a Cologne furniture convention. Similar to its shoes, the beds contain a lot of cork and latex. 

HEMA opens its fourth store in Madrid

Dutch store chain HEMA continues its European expansion with its fourth store in the Spanish capital, Madrid. It is its fifth Spanish store overall, with another two arriving soon.

Ikea achieves strong growth despite investing in sustainability

Swedish furniture chain Ikea has had an excellent fiscal year, with a 7.4 % turnover increase to 35.1 billion euro. Its net profit also grew to 4.2 billion euro, despite major sustainability investments.

Four Belgians rank among best-performing CEO's in the world

In this year's list of 100 best-performing CEO's in the world, compiled by Harvard Business Review, there are four Belgians, but no Dutch CEO's at all. Among them two retailers, as Heineken and Colruyt are led by Belgians.

JYSK launches online product range in 18 countries

Danish furniture chain JYSK has decided to expand its online reach to a whole range of new countries. Previously, only Northern Europe had access to its products online, but now the company has an online presence in 18 countries.

Ikea Belgium launches web shop and smaller stores

Swedish furniture chain Ikea wants to launch a web shop and a smaller store concept in Belgium, which will mainly serve as pick-up locations for online orders. Ikea announced these measures in the wake of good sales reports in its fiscal year 2016.

New stores deliver strong growth for Ikea Belgium

In its fiscal year 2016, Swedish Ikea group has managed to boost its turnover more than 7 % compared to the year before, with a 5 % like-for-like turnover increase. Online growth even reached 28 %, to almost 1.5 billion euro.

Maisons du Monde performs very well

Maisons du Monde's first six months were excellent. The French furniture store chain's turnover grew 28 % thanks to several new stores and a growing online sales channel.

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