Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Online furniture retailer RETURNS to UK high street for first time after Next takeover – is one opening near you?

AN online furniture retailer has returned to the UK high street for the first time after being taken over.

Made.com was rescued from administration this time last year by fashion giant Next.

Made.com has opened its first brick-and-mortar store since being acquired by Next

Made, which employed around 600 people, sold its brand, website, and intellectual property to the clothing and homewares retailer.

It stopped taking online orders and shut its high street showroom in London.

Now, Made.com has opened its first brick-and-mortar store since being acquired.

The new 4,000 sq ft store opened last week on Vulcan Road, Sheffield, with products having previously only been available to buy online.

Shoppers can place orders in store and choose next day home delivery, as well as click-and-collect options.

A whole variety of its smaller homeware pieces, including cushions, rugs, and mirrors, will be available to buy in-store from next autumn.

This will allow customers to shop these smaller items and take them away from the store on the day.

Hollie Parkinson, head of brand at Made, said: “At Made, we believe in great design being accessible to all, and we want to inspire customers to make braver home choices.

“We are thrilled to be launching the store in Sheffield, as it’s a very exciting opportunity to broaden our appeal beyond a traditionally London-centric customer base, which also remains important to us.”

Ms Parkinson said back in October the retailer had plans to expand its presence both online and in-store.

This included the concession in Next’s store in Sheffield’s Meadowhall shopping centre.

She also said that Made planned to keep its brand separate from Next.

It’s also looking to expand through brand partnerships, a new external store and return to Europe next year.

Here are the next sites to get Made concessions:

  • Croydon Purley Way (Next Home)
  • Carlisle (Next Home)
  • Camberley
  • York Vangarde Retail Park
  • Leicester Fosse Park West
  • Nottingham Giltbrook
  • Leeds Birstall Retail Park
  • Thurrock (Next Home)
  • Ipswich Martlesham Heath
  • Maidstone Eclipse

Made’s operating subsidiary, MDL, was forced to appoint administrators from specialist firm PwC who immediately tied up the deal with Next back in November 2022.

The fashion giant snapped up its brand, domain names and intellectual property for £3.4million.

The troubled company filed a notice to appoint administrators after being hit by soaring costs and slowing customer demand.

Made.com had a nearly 18-month run as a public company, selling sleek furniture online, backed by a large advertising budget.

It performed strongly during the pandemic as shoppers, stuck at home, spent freely on sofas, coffee tables and lamps.

But the group ran into trouble, and out of cash, as supply chain disruptions hit its operations before Britain’s economic downturn started to weigh on consumer spending, leaving it holding too much stock.

It was understood that the company had garnered interest from a number of parties to purchase parts of the business before tying up the deal with Next.

And it is not the first time that retail giant Next has taken over a struggling business.

The fashion giant also recently snapped up retailer Fatface for a whopping £115.2million.

Next’s growing list of retail acquisitions and cement the group as one of the most prolific buyers of rival high street fashion chains.

Earlier this year, Cath Kidston was bought by Next after falling into administration.

Next started selling Gap clothing online in late 2021, after it took over the running of the high street brand.

It then started selling Gap clothing in stores in early 2022.

It also agreed a sale to buy struggling lingerie brand Victoria’s Secret in a move that saved its UK shops and website.

Earlier in 2022, it took a stake in baby and maternity clothing retailer JoJo Maman Bebe.

Made isn’t the only retailer making a comeback after tumbling into administration.

Wilko shops are set to return to the UK high street after the chain collapsed earlier this year.

Paperchase has also returned to shops after closing all 134 stores earlier this year.

major fashion retailer is set to make a surprise return to the high street after all of its 170 stores closed down.

M&Co fell into administration late last year and its shops disappeared from the high street in April.

Yours Clothing, which snapped up the brand name, is planning to open bricks and mortar shops again, The Sun exclusively revealed.

An exact timeline for the re-openings is yet to be revealed.

Plus, iconic British fashion chain Top Shop could return to the high street if it’s acquired by Ted Baker and Reebok’s owner.

It comes after it was reported that ASOS is exploring the potential to sell off its ownership of Topshop less than two years after it bought the brand.

But fresh reports suggest that ASOS is now in formal talks to offload the brand to the owner of Ted Baker, Reebok and Forever 21, according to The Telegraph.

Meanwhile, Next is set to shut one of its depots in a move that puts 780 jobs at risk.

Plus, Wilko has revealed a fan favourite will be making its way to stores – and shoppers are “so happy”.

You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group members.

Ria.city






Read also

UK museum displays thousands of African artefacts it knows almost nothing about

TV Shows we Love: The Rain

NFL picks: Big ‘D’ is really in Houston

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости