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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]
In May 2004, JW Carpenter was bought by Steinhoff, one of the world's largest furniture retailers, which owns UK high street brands Harveys Furniture and Bensons for Beds. [2] In 2015 Steinhoff announced the chain would be merged with Bensons for Beds and would continue as an online presence. [3]
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In November 2019, Harveys and Bensons for Beds were acquired by private equity owner, Alteri Investors. [6] On 30 June 2020 Harveys announced the company had officially gone into administration , with the immediate loss of 240 jobs.
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Furniture retailers usually sell general furniture (like beds, tables, bookcases and wardrobes), seats and upholstered suites (like couches or sofas and chairs), and specialised items produced for a commission. [1]