DFS Furniture reveals online sales soared by more than 75% during the coronavirus pandemic

DFS Furniture reveals online sales soared during the pandemic but now Tier 4 shutdowns and border closures threaten its prospects Online sales rose 76% over the 24 weeks to December 13  It helped boost overall sales by 19 per cent compared with last year But the firm is being forced to close 52 showrooms that … Read more

MARKET REPORT: DFS recovers some Covid losses

Shares in sofa specialist DFS have recovered some of their pandemic losses thanks to a trend for home improvements.  Strong demand in the past six weeks handed it £70m in revenue, a year-on-year jump of 40 per cent.  DFS, which also owns Sofa Workshop and Sofology, culled jobs last month after lockdown forced it to … Read more

Loss-making DFS considers axing up to 200 workers 

Loss-making DFS considers axing up to 200 workers across its Dwell and Sofa Workshop chains By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Retailer DFS Furniture may axe up to 200 jobs across its Sofa Workshop and Dwell chains as the group braces … Read more

DFS Furniture plans to tap shareholders for cash to get it through extended coronavirus lockdown

DFS enjoys a sales rise thanks to people seeking to spruce up their living rooms during lockdown as the sofa retailer lines up fresh finance DFS  considering issuing new shares worth just under 20% of its existing capital It said it is also close to secure an additional £60-£70million from its banks  Online sales up more … Read more