As the world’s biggest furniture retailer Ikea continues to show audacious growth, mid-size rivals struggle in Europe. Conforama is currently being restructured (40 store closures), a decision made by the creditors of its parent Steinhoff, as the chain failed to find a buyer. In October 2019, the Cafom Group announced an intention to sell the unprofitable Habitat chain. Cafom bought Habitat from the turnaround specialist Hilco in 2011. With 36 fully owned stores and 39 franchised units,...
Do you have information to share with us?