All MFI articles – Page 4
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News
Hilco bosses join MFI board
Two senior directors at turnaround specialist Hilco are understood to have joined the board of furniture giant MFI in a move that throws further speculation on the retailer’s future.
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MFI owner gives ground in spatwith Galiform
MFI’s owner Merchant Equity Partners (MEP) has conceded ground in its ongoing legal dispute with Galiform.
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MFI calls in restructuring expert
Furniture retailer MFI is understood to have called in corporate restructuring company Kroll Talbot Hughes (KTH) as the credit crunch bites.
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MFI kitchens ads to woo top-end buyers
Furniture retailer MFI has launched an ad campaign for its K chen Lab range of German-engineered kitchens with the aim of tapping into the premium market.
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Credit insurer warns of more retail administrations
Credit insurer Euler Hermes has signalled more retail administrations on the horizon as trading conditions continue to worsen on the high street.
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MFI to slash a third of head office and support jobs
Furniture retailer MFI is to axe about a third of its head office and central support staff, as it enters a new phase of its five-year turnaround plan.
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MFI offers five years’ interest free credit deal
MFI has launched its first five-year interest-free credit promotion, as its customers are squeezed by the credit crunch.
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MFI set to go live with IT overhaul
MFI is weeks away from going live with the final phase of its SAP implementation.
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Ex-MFI director Round to take over at Robert Dyas
Former Kingfisher and MFI director Steven Round has been named chief executive of private equity-owned hardware retailer Robert Dyas.
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MFI claims spark £57 million legal row
Private equity firm Merchant Equity Partners is embroiled in a 57 million battle with joinery business Galiform over the value of assets of furniture chain MFI.
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MFI to up marketing team in product push
Furniture giant MFI is to expand its commercial and marketing team by nearly a quarter as it seeks to continue its recovery this year.
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Shoppers lap up Sales after playing it safe at Christmas
Retailers have celebrated a strong start to the post-Christmas Sales after facing harsh trading conditions for much of December.
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MFI set for distribution centre opening
Furniture retailer MFI will open its massive warehouse and distribution centre in South Yorkshire tomorrow.
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ING Real Estate agrees Llansamlet Retail Park purchase
Ing Real Estate, acting for Skandia Life Assurance Company, has agreed to purchase and part-forward fund Llansamlet Retail Park for £15.1 million, reflecting a net initial yield of 6 per cent. The 70,000 sq ft (6,503 sq m) scheme in Nantyffin Road, Swansea is being developed in two phases by ...
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Hercules grabs Prospect Place
The Hercules Unit Trust has bought Phase 1 of the Prospect Place retail park in Dartford, Kent from Pillar Property for£36 million, and entered into a commitment to forward purchase Phase 2. The 134,000 sq ft (12,450 sq m) Phase 1 is fully-let to B Q, Carpetright , Allied Carpets ...
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