All Harveys articles
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Analysis
Back from the brink – what’s next for retail’s Covid casualties?
The past few months have had a devastating impact on UK retail and swathes of chains have collapsed, but there is light at the end of the tunnel for some of these businesses. Retail Week takes a look at what the future holds for retail’s Covid casualties.
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News
Bensons for Beds bought by Alteri in pre-pack deal
Bensons for Beds and stablemate Harveys have fallen into administration, with the former being bought out by previous owners Alteri in a pre-pack deal.
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News
Steinhoff sells Bensons for Beds and Harveys
Bensons for Beds and Harveys Furniture are to be sold by owner Steinhoff to specialist investor Alteri.
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News
Poundland like-for-likes rise despite Steinhoff woes
Value variety store group Poundland has reported a rise in first-half like-for-like sales.
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News
Poundland owner holds 'urgent' restructuring talks
Poundland’s owner Steinhoff has kicked off restructuring talks with its lenders to address the group’s “critical” debt position.
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News
Bensons for Beds and Harveys reshuffle top teams
Bensons for Beds and Harveys have restructured their leadership teams following the sudden departure of former group boss Stuart Machin, Retail Week can reveal.
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News
M&S poaches Steinhoff UK boss Machin as new food MD
Marks & Spencer has hired the current boss of Steinhoff-owned Harveys and Bensons for Beds Stuart Machin for the newly created role of food managing director.
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News
Steinhoff first-quarter sales slump as scandal deepens
Steinhoff has posted a fall in its UK and overall first-quarter sales as chairwoman Heather Sonn warned that its accounting scandal could stretch beyond the €6bn already flagged.
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Analysis
Analysis: Are the January Sales in furniture dead?
For traditional furniture retailers, the January Sales have long been the equivalent of a toy shop’s Christmas.
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Analysis
Infographic: Christmas results and X-rated elves
Words and numbers, January 12, 2018: Theo Paphitis on the state of retail, Mothercare’s sales slump, good news for Next and Poundland’s naughty ads
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Gallery
In pictures: Bensons and Harveys get reupholstered
Last month, Bensons for Beds and Harveys unveiled new-concept stores on Wednesbury and Farnborough retail parks.
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Analysis
Bensons' Machin: Firefighting amid the Steinhoff blaze
When Stuart Machin took the top job at Steinhoff-owned Bensons for Beds and Harveys last August, he knew he had his work cut out.
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News
Steinhoff loses another executive as finance boss exits
Steinhoff’s finance boss has become the latest executive to step down from the embattled business in the wake of its accounting scandal.
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News
Poundland parent: Financial ties to Steinhoff ‘severed’
Poundland parent company Pepkor Europe’s chief operating officer Sean Cardinaal said the subsidiary has financially “severed any kind of alliance” with Steinhoff through a newly secured £180m loan.
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News
Poundland owner Steinhoff downgraded amid debt concerns
Poundland owner Steinhoff has been rocked by another downgrade by credit ratings agency Moody’s amid fears the conglomerate may struggle to “sustain its European operations”.
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News
Creditors abandon Steinhoff as crisis deepens
Steinhoff International— the parent company of Poundland, Harvey’s and Bensons for Beds in the UK — has started to lose credit lines from lenders as it grapples with an accounting scandal.
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News
Steinhoff-owned Bensons and Harvey's credit insurance cut
Bensons for Beds and Harvey’s credit cover has been cut in the wake of parent company Steinhoff’s accounting scandal, Retail Week can reveal.
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News
Steinhoff chairman Wiese quits amid accounting scandal
Steinhoff chairman Christo Wiese has stepped down from the role in the wake of the group’s accounting scandal.
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News
Steinhoff 2016 results to be restated, deemed unreliable
Steinhoff has said that its 2016 financial results need to be restated as the original release can “no longer be relied upon”.
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Analysis
What Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.