All ScS articles
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NewsScS returns to order growth over winter and holds outlook
ScS returned to growth over the last 10 weeks and has held its profit outlook for the financial year
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News
Sofa-in-a-box brand Snug bought by SCS
ScS has snapped up digital-first sofa-in-a-box brand Snug for £875,000.
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News
ScS profits soar ‘ahead of expectations’ as sales reach record highs
ScS has reported record sales figures in the first full year of its new strategy.
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News
ScS appoints ex-Argos boss John Walden as chair
ScS has named former Argos and Home Retail Group boss John Walden as its new chair.
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News
ScS bumps up profit expectations as like-for-like orders grow
Furniture giant ScS has announced that full-year profits will be ahead of expectation as like-for-like orders grew during the period.
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News
ScS blames international supply chain issues as it slips to loss
ScS has slipped into the red, blaming international supply chain issues for its subdued revenues and profits.
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News
ScS back in the black after ‘strong recovery’ from the pandemic
Furniture and flooring specialist ScS has hailed a “strong year of recovery” after returning to profitability and reporting soaring sales.
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Prospect Analysis
Stores at ScS
A key focus from 2022 has been developing a new concept store format where it can try new ideas. The aim is to provide “a more modern look and feel”, ensuring products are showcased in the best format and utilising digital developments to enhance the customer experience.
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Prospect Analysis
Technology strategy at ScS
Supporting its digital growth ambitions, ScS has significantly expanded its tech team to improve research and development, opening a hub within its expanded Coventry store as a base for the digital team in FY2022 to facilitate the gathering of real-time feedback from employees and customers.
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Prospect Analysis
ScS (SWOT)
ScS operates 10 regional clusters, thus maximising cost synergies in terms of distribution activities and advertising.
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Prospect Analysis
ScS (Strategy)
Mid-market furniture and flooring specialist ScS revealed its refreshed, fit for the post-pandemic world strategy during 2021, with a focus on omnichannel.
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Prospect Analysis
ScS (People)
Former Holland & Barrett boss Steve Carson has taken the helm as CEO at ScS from the beginning of 2021, succeeding ScS lifer David Knight who stepped down from the business mid-year following a six-month handover period.
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Prospect Analysis
ScS (Overview)
ScS is a leading UK-based upholstery furniture and flooring retailer. It is currently operating 100 standalone stores across the UK, having pulled out of a significant concession agreement with the embattled House of Fraser department store business during FY2019.
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Prospect Analysis
ScS (Financials)
ScS sales continued to recover in FY2022m, with gross sales rising 8.0% to £344.7m. Growth was driven by customers returning to stores post lockdown, with gross store sales rising 14.6% to £312.5m, but offset by a 30.8% drop in online sales to £32.2m against the previous year’s record levels.
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Prospect Analysis
Ecommerce at ScS
New functionality was added to the ScS site in FY2022 to enable customers to leave product reviews, while customers are also now able to create an online wishlist which they can save and share to create a more seamless omnichannel journey.
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Prospect Analysis
Customer and marketing at ScS
The ScS brand strategy is focused on expanding the breadth and quality of its offer to attract a wider customer base and achieve higher transactional values.
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Prospect Analysis
Supply chain at ScS
The retailer brought on a number of new suppliers across the UK and Europe in FY2022, reducing its reliance on the Far East as it aims to improve product quality and reduce its environmental impact as well as reducing lead times.
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