All ScS articles – Page 2
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Retail Navigator AnalysisScS (Financials)
ScS reported a 0.4% dip in gross delivered sales to £343.5m in FY2023. This reflected a £5.4m reduction across the core business, partially offset by a £4.2m contribution from Snug following its acquisition in January 2023. Profits came under pressure, with statutory pre-tax profit slumping 63.4% to £6.0m, impacted by a £2.8m pre-tax loss at Snug.
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NewsScS profits rise as pent-up demand boosts sales
ScS has registered upticks in profits and sales as pent-up demand during the coronavirus crisis drove “record” first-half performance.
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NewsScS sales rise as post-lockdown orders soar
ScS has recorded an uptick in sales after orders following the first lockdown in 2020 significantly increased.
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OpinionMove of the Week: Steve Carson swaps supplements for sofas at ScS
It takes a brave person to trade selling health and wellness products for big-ticket furniture items on the cusp of the deepest economic downturn in 300 years. Fortunately, Steve Carson has never been afraid of a challenge.
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NewsScS names ex-Holland & Barrett boss Carson as new chief executive
ScS has named former Holland & Barrett boss Steve Carson as its new chief executive to succeed the retiring David Knight.
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NewsScS profits slide as store closures impact sales
ScS recorded a downturn in profits and sales in its full-year results due to the impacts of the coronavirus pandemic, but has since seen a strong recovery as it benefits from pent-up consumer demand.
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NewsScS ‘encouraged’ by post-lockdown trading results
ScS has recorded a sharp uptick in its order intake since lockdown regulations began to ease, as it feels the benefits of pent-up consumer demand.
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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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NewsCoronavirus: JD Sports, Dunelm and ScS shut stores amid lockdown
A host of retailers including JD Sports, Dunelm, ScS and Games Workshop have confirmed that their stores will close following prime minister Boris Johnson’s address to the nation last night.
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NewsScS profits and sales up despite low consumer confidence
ScS has reported increases in both gross sales and profit in its half-year results, despite low customer confidence and the developing coronavirus situation.
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NewsScS delays results after government’s coronavirus policy shift
ScS has delayed the release of its half-year results following yesterday’s changes to the government’s coronavirus policy.
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NewsScS Christmas sales rise as CEO unveils plans to retire
ScS has posted an uplift in like-for-like sales over the festive trading period as boss David Knight says he will retire next year after 32 years with the business.
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NewsScS weathers political uncertainty despite sales fall
Sofas specialist ScS has reported a fall in sales as political volatility continued to hit trading.
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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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NewsScS profits up as boss hails year of ‘good progress’
ScS has said its financial health “has never been as strong”, following a year which saw both its profits and sales rise.
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NewsScS ‘continues to outperform’ in tough climate
ScS expects its full-year results to be in line with expectations as like-for-like order intake growth has increased consecutively for two years.
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NewsScS profits increase in challenging market conditions
ScS, the upholstered furniture specialist, has reported an increase in half-year profits but said trading conditions remain uncertain.
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NewsScS pulls out of running to snap up Sofa.com
ScS has pulled out the race to buy fellow furniture specialist Sofa.com, seemingly paving the way for Sports Direct tycoon Mike Ashley to snap up the business.
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AnalysisWho will be retail's winners and losers of 2019?
Who will thrive in 2019 and who will flounder? Retail experts share their tips for the year ahead.