Are Bensons for Beds in trouble?

Are Bensons for Beds in trouble?

Unsecured creditors in the group behind Bensons for Beds and Harveys are facing heavy losses after suffering an estimated shortfall of £240 million following the furniture retailers entering administration. Administrators were appointed in June when Alteri Investments reacquired Bensons for Beds via a pre-pack deal.

Has Benson for Beds been sold?

Bensons for Beds and stablemate Harveys have fallen into administration, with the former being bought out by previous owners Alteri in a pre-pack deal. Bensons for Beds, which operates 243 shops, has been bought in a pre-pack administration deal by turnaround firm Alteri Investors, saving nearly 2,000 jobs.

Is Harveys part of Bensons for Beds?

Founded as a general store in 1950 by Cyril Benson, Bensons for Beds opened the first dedicated bed centre in 1972. 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.

Are dreams and Bensons for Beds the same company?

However, the business, which already owns Bensons for Beds and Harveys, has since abandoned the bid due to competition concerns. Dreams was bought out of administration by Sun European in 2013 and have since delivered a dramatic business turnaround, posting a 136% leap in pre-tax profits to £32m in 2016.

Is dreams going bust?

Dreams, Britain’s biggest beds retailer, has collapsed into administration with the loss of 400 jobs. More than 90 of its stores will be closed, but the remaining 171 shops, and 1,675 jobs, are being saved due to a £35m pre-pack administration with the owners of the rival bed and sofa company, ScS.

Why is Bensons for Beds closed?

The owner of Bensons for Beds is close to reacquiring it through a pre-pack administration, Sky News understands. The owner of the Harveys furniture chain and Bensons for Beds is closing in on a restructuring that is expected to involve the appointment of administrators in the coming weeks.

Is Harveys furniture going into liquidation?

Harveys Furniture, the second largest furniture retailer in the UK, was put into administration by its owners, Alteri Investors on the last day of June. There are 105 stores, which have been struggling for some years, and 1,575 staff. The company is looking to close 20 stores and make 240 staff redundant.

Are staples beds any good?

Staples mattresses are renowned for their superior comfort and wide range of designs. If you need extra back support, Staples offer an excellent range of pocket sprung and foam styles that are great for relieving tension and preventing back pain.

Is Slumberland a good mattress brand?

Slumberland is a budget friendly mattress brand with mattresses featuring pocketed coils, zoned support, and comfort foams. They come with a selection of firmness options to choose from and are popular among growing families. There were some sleepers that reported durability issues, however.

Who is the CEO of Dreams beds?

Mike Logue (Aug 2013–)
Dreams/CEO

How do I get my money back from a dream?

After ordering, you have 48 hours to change details of your order for free. Unused goods can be exchanged if we’re notified within 48 hours of delivery. If you’re not happy with your mattress within 30-40 nights, we’ll exchange it.

Will I get my money back from Harveys?

RETURN POLICY If for any reason you are not satisfied with your order, you have 14 days from the delivery to exchange or return it. If 14 days have passed, unfortunately we cannot offer you a refund.

Where is Bensons for beds store in Leeds?

Bensons for Beds Retail Ltd is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited’s FCA registration number is 626349 and its address is Suite D2 Joseph’s Well, Hanover Walk, Leeds LS3 1AB.

What kind of bed to buy at Bensons for beds?

Explore our vast range of beds and bed frames at Bensons For Beds, all with free delivery. Shop from hundreds of bed frames, divan bed sets, bunk beds, kids beds, storage beds and TV beds – available in a range of sizes including single, double and king. We can help you find the perfect bed and get a good night’s sleep

Where can I recycle a bed from Bensons for beds?

The British Heart Foundation provides a free recycling service for customers who’ve bought a new bed from Bensons for Beds. When you’re ready to recycle your bed, simply call 0808 250 0084 or book online at www.bhf.org.uk/bensons to organise a pick-up service.

Are there any free bespoke pillows at Bensons?

2 x FREE BESPOKE PILLOWS WORTH £119.98 – HURRY, WHILST STOCK LASTS Premium mattress from the Bespoke 8 Year Guarantee Available in Firmness Ratings: Medium and Firm BSI – British Standard Kitemark™ accreditated

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