Hardwood specialist Oak Furniture Land has become a regular fixture in retail parks across the country in a relatively short space of time.
The business began when founder Jason Bannister borrowed £10,000 to buy a container of furniture in 2003 and then sold it on Ebay a year later, making a profit. On Boxing Day 2016 the retailer launched its website and hasn’t looked back since. In recent years it has been focused on rapid store expansion and its technology has evolved to keep pace.
Oak Furniture Land opened its first retail space in 2009, with the launch of a unit in an airfield, and rapidly expanded with close to 100 stores now.
Oak Furnitureland has announced the appointment of Mike Coupe as its new chair.
The past few months have had a devastating impact on UK retail and swathes of chains have collapsed, but there is light at the end of the tunnel for some of these businesses. Retail Week takes a look at what the future holds for retail’s Covid casualties.
Oak Furniture Land hopes to have three physical stores in the US by next summer, Retail Week can reveal, as it ramps up its efforts to crack its new market.
As Zalando continues to add to its proverbial armoury, the German etailer is marching ever closer to a frontline battle with its main fashion rival in the UK, Asos.
Oak Furniture Land’s profits and sales advanced last year as the furniture retailer made its US debut.
Advertisement
