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Bensons for Beds

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Bensons for Beds
Company typeLimited
IndustryRetail
Founded1950; 74 years ago (1950)
FounderCyril Benson
HeadquartersAccrington, Lancashire, England, United Kingdom
Number of locations
270 (February 2016)
Products
OwnerAlteri Investors
Websitewww.bensonsforbeds.co.uk
Bensons for Beds, north Finchley.

Bensons for Beds is Britain's largest[citation needed] bed retailer specialising in beds, mattresses and bedroom furniture.

History

Founded as a general store in 1950 by Cyril Benson, Bensons for Beds opened the first dedicated bed centre in 1972. The company is now based in Accrington, Lancashire, and operates as an chain of concessions and stand-alone stores.[citation needed]

By February 2015, Bensons for Beds' had over 270 stores throughout England, Scotland, and Wales, following a merger with sister company Sleepmasters in England, Wales and Northern Ireland, and, in October 2011 with Bed Shed in Scotland.[citation needed]

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.[1]

On 30 June 2020, Bensons for Beds went into administration on 30 June, 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.[2]

References

  1. ^ Eley, Jonathan (15 November 2019). "Steinhoff sells UK furniture business to Alteri Investors". Financial Times. Retrieved 1 July 2020.
  2. ^ Butler, Sarah; Wood, Zoe (30 June 2020). "Harveys and TM Lewin fall into administration with loss of 800 jobs". Guardian. Retrieved 1 July 2020.