All DFS articles – Page 2
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Retail Navigator Analysis
DFS (Overview)
DFS is the UK’s second-largest furniture retailer after Ikea and the clear market leader in upholstered furniture with a market share of over 35%.
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Retail Navigator Analysis
DFS (SWOT)
DFS has mostly and consistently adapted well to changes in home furnishings fashion. Its combination of trendy but popular design, astute pricing (including free credit) and clever marketing, plus investment in its own manufacturing capacity, has fuelled its advance.
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Retail Navigator Analysis
DFS (Strategy)
DFS announced its new ‘Pillars and Platforms’ strategy in 2022 to unlock new categories of growth, while leveraging its leading upholstery made-to-order model advantages.
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News
DFS profits surge as pent-up lockdown demand boosts sales
DFS has posted a jump in half-year profits as pent-up demand from the first national lockdown drove a sales spike.
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News
DFS profits to come in at upper end of expectations despite disruption
Furniture group DFS expects profits be within the upper half of market forecasts despite Covid disruption and Brexit uncertainty.
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News
Boxing Day Sales: Next, DFS and Selfridges going ahead despite PM’s warnings
Next, DFS and Selfridges are all gearing up for Boxing Day Sales in spite of Boris Johnson’s warnings to the public.
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News
Dunelm and DFS forced to close under new lockdown regulations
Under the new lockdown restrictions homewares retailers Dunelm and DFS stores are not counted as essential.
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Retail Voice
Three retailers winning in discovery commerce
Creating demand through discovery is the only way to cut through the noise and win customer spend in an increasingly crowded ecommerce market.
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News
DFS swings to loss as sales slump in ‘disappointing’ year
DFS has fallen into the red in its preliminary results as sale declined, but boss Tim Stacey has stressed that the retailer’s performance has improved since stores reopened.
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News
DFS to sell Sofa Workshop to furniture rival Halo
Furniture group DFS has penned a deal to sell Sofa Workshop to luxury home design company Halo.
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News
DFS reports trading ‘significantly ahead of expectations’
DFS, the specialist sofa retailer, has reported strong trading in recent weeks as consumers splashed out on their homes.
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News
DFS swings to full-year loss but registers strong reopening demand
DFS has slumped to a full-year loss exacerbated by declining sales following the coronavirus lockdown, but has said that customer demand since reopening has been high.
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Analysis
Data: Top 20 retailers to work for in the UK – according to employees
The past few months have been a difficult time for all, which makes it more important than ever for retailers to be good, responsible employers and take care of their staff. Retail Week has teamed up with Glassdoor to find out where employees think the best places to work in retail are and why
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Analysis
Analysis: Lessons from Leicester on how retail should prepare for local lockdowns
With the prospect of more local lockdowns on the cards, Retail Week explores how retailers can manage and plan for an uncertain future.
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News
UK furniture stores set to reopen for bank holiday trading
Furniture Village and DFS are both planning to reopen stores in time for the bank holiday weekend.
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News
DFS raises £64m in new equity, braces for lockdown to last until December
DFS has raised £64m in its equity fundraising round, which the furniture retailer said will give the business headroom should the lockdown last “to December 2020”.
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News
DFS in ‘advanced stages’ of financing discussions as it mulls equity raise
DFS has said it is in “advanced stages” of negotiation with lenders over additional financing and is mulling the possibility of an equity raise as it battles to ride out the coronavirus storm.
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News
Coronavirus: DFS chiefs to take pay cut and New Look pauses production to address impact
Furniture retailer DFS and fashion group new Look have revealed a range of initiatives designed to address the impact of store closures and business disruption because of the coronavirus outbreak.
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News
DFS profits fall as coronavirus plays havoc with full-year guidance
DFS has reported a decline in both profits and sales and warned that the developing coronavirus outbreak has made it impossible to give accurate guidance on its full-year results.