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Maid Marian
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Joined: 15 Jan 2007
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Location: Robin Hood Country
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 Posted: Sun Oct 18, 2009 12:32 pm Post subject: Habitat furniture chain for sale |
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Hmmm, I wonder if they'll be placed into administration further down the line 
I do like having a wander round the store in Nottingham but everything is so expensive 
| Quote: | Furniture store Habitat may be put up for sale, the company's chief executive has said.
Mark Saunders said the retailer had launched a review, "which may or may not lead to a sale of the company".
The company was founded by designer Sir Terence Conran and is renowned for introducing cutting-edge design to the high street in the 1960s.
It is currently owned by the family of Ingvar Kamprad, the billionaire founder of the Ikea furniture chain.
But it has been the success of Ikea that has hit retailers such as Habitat, with the recession and housing market slump meaning consumers are spending less on furniture and opting more and more for flat-packed options.
Mr Saunders said that "no decision has been made yet" and that his "focus is to continue giving great service to our customers".
He added that the expansion programme was continuing, including "the launch of a number of new stores over the next few months in the UK and Europe, such as Liverpool". |
Source - BBC
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julie
CHILLPILL V.I.P.
Joined: 23 Jun 2008
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Location: woking
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| Posted: Sun Oct 18, 2009 1:17 pm Post subject: |
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Well I'd rather have habitat furniture than Ikea but would in reality not shop at either store - got a pair of chairs off e-bay for £10 they are second hand habitat I believe  |
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Zodiac
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Location: I'm honest - if you don't like it - tough!
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| Posted: Tue Oct 20, 2009 6:08 pm Post subject: |
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As you say MM it's so darn expensive! I love having a wander round though and sometimes buy the lesser expensive items.
It will be a shame though as i do like my small items of lesser expensive tat!
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