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Furniture & homewares

‘We gambled on this thing’: Gerry Harvey reflects on the past six months
The retail veteran believes there is opportunity in disruption. Image: Supplied
Management

‘We gambled on this thing’: Gerry Harvey reflects on the past six months

In an interview with Inside Retail this week, Gerry Harvey revealed the business philosophy that has driven decision-making at Harvey Norman over the past six months and resulted in unprecedented increases in ...
Lincraft moves into Upper Hutt’s The Mall
Harvey Norman delivers record sales in New Zealand
Mocka acquisition, online sales help boost Adairs financial results
Court declares Home Direct terms unfair

Furniture & homewares Archives

Management

‘We gambled on this thing’: Gerry Harvey reflects on the past six months

A candid conversation with Harvey Norman's chairman about Melbourne’s reopening, stock shortages and rent.

Harvey Norman posts nearly 20 per cent increase in full-year profit

Furniture chain benefits from people upgrading their homes during lockdown.

Mocka acquisition, online sales help boost Adairs financial results

“Our results confirm the strength of our brands and the competitive advantage our omni-channel model provides in these v...

Briscoe braces for long-term impact of Covid-19

Homewares and sporting goods retailer posts lift in second quarter sales.
Sustainability

Inside Ikea’s Home of Tomorrow

A tenement building in Poland has been repurposed as a place to teach customers about sustainable living.

Furniture retailer adds AR feature to its website

Modern Style Outdoor Furniture says the new feature will eliminate the guesswork on online furniture shopping.

Nick Scali brings forward dividend payment on strong sales

Furniture chain says sales have rebounded, but FY20 earnings still expected to be slightly down.
Image of Harvey Norman store in Slovenia

Harvey Norman’s mixed results show impact of store closures

In Australia, where stores remained open, sales were up over 17 per cent, but in markets that forced stores to close, sa...

Furniture and homewares retailer unveils Stage 1 of $60 million development

Furniture retailer Nido says the store's whole range will be made available when they unveil Stage 2.

Smith’s City enters receivership to side step shareholders in sale

Decision will leaves Smiths City shares with zero value.

Smiths City waits for shareholders to approve sale of business

Update on sale of major furniture and electronics retailer.

Smiths City to sell retail, finance operations for $60 million

A quarter of staff will lose their jobs and some stores will close under the Polar Capital deal.
Screenshot of King Living's virtual showroom.

King Living opens virutal showroom

Furniture retailer launches immersive, interactive online shopping experience.

Ikea buys AI innovator Geomagical Labs

Furniture retailer's investment arm Ingka buys US-based AI innovator Geomagical Labs

Harvey Norman execs take pay cut, cancel dividend as crisis worsens

Executive team to take 20 per cent pay cut for the next three months.

Ikea reveals physical, digital launch plans for NZ

Furniture chain to open three physical and digital customer touchpoints across New Zealand.

Inter Ikea names new leader as long-term CEO steps down

Head of Ikea franchising to lead the business moving forward.

Nick Scali sees profit falter on consumer fears

Profit fell 15 per cent to 21.6 million over the first half of FY20.

Ikea eco-store under construction in Vienna

A seven-level Ikea eco-store is being built in Vienna – with no car parks, targeting pedestrians, cyclists and public tr...

Harvey Norman hit with second strike, but avoids board spill

Outspoken chairman Gerry Harvey insults shareholder running for board.