Brock says Bensons Beds sale is on track

October 2004
Cabinet Maker;10/22/2004, Issue 5411, p6
Trade Publication
The article reports that Bensons Beds parent company Homestyle is confident that it can sell the division in the spring. It has received interest from potential trade buyers, including its management and also from venture capital companies. David Brock, chairman said he was confident that the group was now properly focused to carry out its commercial strategy after major management changes in the past few months. Sales for the chain were not disclosed, but Brock said performance had been stabilized. It is thought that like for like sales, allowing for the withdrawal from the textile market and transfer of bed operations to Bensons Beds, are still falling but the rate of decline has been reduced.


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