National bed retailer Bensons for Beds has acquired 19 former Carpetright store locations. This acquisition aligns with Bensons' strategic goal of expanding its store network from 162 to over 200 locations in the coming years. Reports recently highlighted the challenges faced by Carpetright and its subsequent collapse.
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Nick Collard, CEO of Bensons for Beds, expressed enthusiasm about the acquisition in an article on Big Furniture Group, stating, 'Increasing the number of Bensons stores remains a key growth priority, and we are excited about this opportunity to take on 19 store units. Today's announcement supports our overall plan to expand our store estate.'
Bensons plans to begin trading in the first of these new locations within the next few months, aiming to create opportunities for former Carpetright employees as they start operations in these areas. The newly acquired locations include Aberdeen, Ashton, Belfast, Canterbury, Edmonton, Exeter, Irvine, Kettering, Old Kent Road, Oldbury, Portsmouth, Salisbury, Slough, Sutton, Torquay, Bath, Eastbourne, Gillingham, and Solihull.
This acquisition marks a significant step in Bensons' growth strategy, positioning the retailer for continued success and market expansion.
Source: www.bigfurnituregroup.com