Maisons du Monde sales plummet for 3rd year running Europe In a French furniture market down by 5.1% to €13.8 billion in 2024 (IPEA), Maisons du Monde (338 stores at the end of 2024) reported annual sales of €1.002 billion on February 4,…
Ingka aims to inject €700 million into recycling over the next 5 years On January 15, Ingka Group (2024 sales: €41.8 billion, down 5.6% year-on-year) announced an investment of €1 billion in recycling infrastructures.…
Wayfair leaves Germany and makes 750 employees redundant Europe After laying off 1,650 staff in January 2024, the American furniture DNVB Wayfair (9M 2024 sales: US$8.73 billion, down 1.8%) announced on January 10,…
Following the collapse of Big Lots, specialist retail concentrates in the U.S. Americas In a sluggish U.S. property market, discount furniture retailer Big Lots found a partial buyer. Variety Wholesalers is to take up to 400 stores.
