Bensons for Beds
TypeLimited
IndustryRetail
PredecessorCargo
Founded1950 (1950)
FounderCyril Benson
HeadquartersAccrington, Lancashire, England, United Kingdom
Number of locations
270 (February 2016)
Products
OwnerAlteri Investors
Websitewww.bensonsforbeds.co.uk
Bensons for Beds, north Finchley.

Bensons for Beds is a British bedroom furniture retailer. With 166 stores in the UK, it is Britain's largest[1] bed retailer specialising in beds, mattresses and pillows.[2]

History

Founded as a general store in 1950 by Cyril Benson, Bensons for Beds opened the first dedicated bed centre in 1972. The company is now based in Accrington, Lancashire, and operates as a chain of concessions and stand-alone stores.

By February 2015, Bensons for Beds' had over 270 stores throughout England, Scotland, and Wales, following a merger with sister company Sleepmasters in England, Wales and Northern Ireland, and, in October 2011 with Bed Shed in Scotland.

In November 2019, Bensons for Beds was acquired from Steinhoff International by UK-based private equity group Alteri Investors, alongside Harveys and upholstery and bedding manufacturer Relyon.[3]

On 30 June 2020, Bensons for Beds went into administration, but Alteri immediately bought it back, aiming to save between 150 and 175 of the chain's 242 stores, its Huntingdon manufacturing operation, and nearly 1,900 jobs.[4]

References

  1. Ibrahim, Ibrahim (3 June 2022). Future-Ready Retail: How to Reimagine the Customer Experience, Rebuild Retail Spaces and Reignite our Shopping Malls and Streets. Kogan Page Publishers. p. 166. ISBN 978-1-3986-0335-6.
  2. Sweney, Mark; Butler, Sarah (17 October 2022). "Bensons for Beds buys Eve Sleep hours after administrators called in". The Guardian. ISSN 0261-3077. Retrieved 10 July 2023.
  3. Eley, Jonathan (15 November 2019). "Steinhoff sells UK furniture business to Alteri Investors". Financial Times. Retrieved 1 July 2020.
  4. Butler, Sarah; Wood, Zoe (30 June 2020). "Harveys and TM Lewin fall into administration with loss of 800 jobs". Guardian. Retrieved 1 July 2020.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.