Furniture Village sales up 25% despite Covid-induced losses

Furniture Village sales up 25% despite Covid-induced losses
// Furniture Village sales up 25%, thanks to a 90% uplift in online sales
// It also announces two new store openings next month while also creating 150 new jobs

Furniture Village has revealed a surge in sales and plans to expand its store footprint despite losses incurred during the first UK-wide Covid-19 lockdown over spring.

The furniture retailer said its sales were currently 25 per cent up year-on-year, thanks to a 90 per cent surge in online sales driven by the shift to online retail brought about by the pandemic.

It has not yet revealed its profit figures, although the retailer said it recorded a loss due to the first lockdown.

Nonetheless, Furniture Village was upbeat and confirmed it would open two new stores next month on Boxing Day in Leicester and Crawley, marking the retailer’s first new store openings since 2017.

The retailer has also created 150 new roles to meet demand which means it now has a total of 1140 staff.

The new store openings will take Furniture Village’s total store count to 54.

The retailer is also reportedly looking to open in new locations in Scotland.

“We are delighted to announce the opening of two new stores, in fantastic locations in Leicester and West Sussex and look forward to welcoming customers through the doors on Boxing Day,” Furniture Village commercial director Charlie Harrison said.

“It’s been a challenging year for everyone in the retail sector, but as a business we’ve spent the last nine months ensuring that we can continue to offer the best of the best, in terms of product range and quality, as well as service.”

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