All DFS articles – Page 3
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NewsDFS 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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AnalysisData: 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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AnalysisAnalysis: 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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NewsUK 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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NewsDFS 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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NewsDFS 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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NewsCoronavirus: 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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NewsDFS 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.
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NewsCoronavirus: Delays to UK retail supply chains but no panic yet
As workers in China begin returning to work after the coronavirus-extended Lunar New Year break, experts are predicting modest supply chain delays but say there is no cause for retailer panic.
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AnalysisAnalysis: How to survive the big-ticket storm
Following a few years of low consumer confidence, Brexit uncertainty, several general elections and a Christmas dubbed “the worst in a decade” by the BRC, big-ticket retailers have been battered by the retail storm.
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NewsDFS suffers sales fall but reassures on profits
DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.
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AnalysisSmashing it: Nine retailers that powered ahead in 2019
Torrid trading conditions meant retail casualties made headlines throughout 2019. Sometimes it appeared that the entire retail industry was in the emergency ward, but that’s not so. Here we take a look at some of the successful retailers that smashed it out of the park this year.
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AnalysisAnalysis: Do furniture retailers face big-ticket blues?
After mixed results from furniture retailers DFS, Eve and ScS, Retail Week looks at how the big-ticket furniture retailers are performing and what their prospects are in uncertain times.
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NewsDFS profits rise despite tough trading conditions
DFS has reported a healthy increase in its underlying profit before tax and hailed the progress made following the launch of its new strategy, despite the headwinds facing the sector.
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NewsFrench Connection cuts losses and extends sale process
French Connection has reported reduced first-half losses and extended its strategic review and formal sale process for a second time, until the end of the financial year.
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NewsDFS profits on track after ‘strong trading performance’
DFS has said it expects to deliver underlying profits in line with expectations, assisted by strong sales growth across its brands.
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NewsDFS boss unveils ambitions for Sofology expansion
DFS posted its half-year results today with an increase in profits and sales across the group. Boss Tim Stacey told Retail Week his plans to keep the success surging with Sofology expansion plans.
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NewsDFS profits spike amid ‘solid’ sales performance
DFS has posted a surge in profits and sales as its acquisition of Sofology swelled its half-year figures.
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NewsAgenda: Morrisons, DFS and French Connection update the market
Retail Week looks ahead to the next seven days, with Morrisons, DFS and the latest Brexit vote on the agenda.
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NewsDFS sales rise despite challenging conditions
DFS has reported a rise in gross sales of 10% over a five-month period, despite what it described as a “challenging consumer environment”.
