Oak Furnitureland is a British furniture retailer specialising in fully assembled hardwood cabinet and dining furniture, and sofa ranges. The company has stores across the UK, with its headquarters in Swindon in Wiltshire, England.
 | |
| Industry | Furniture, retail |
|---|---|
| Founded | Chippenham, United Kingdom (2006) |
| Headquarters | Swindon, United Kingdom |
Number of locations | 78 |
Area served | United Kingdom |
Key people | Alex Fisher (CEO) |
| Products | Cabinet and dining furniture, sofas, mattresses, lamps and clocks |
| Owner | Davidson Kempner Capital Management |
Number of employees | just under 1200 (2020)[1] |
| Website | www |
History
editOak Furnitureland was launched through its website on Boxing Day, 2006.[2] The company started in 2003 by selling on eBay. Subsequently, it opened a pop-up shop on Cotswold Airport. Its first store on a retail park was in Chippenham, Wiltshire.[3] The company reported a turnover of £85m and a profit of £9.2m in the year to 30 September 2012.[4]
In late 2012, the business moved its national distribution centre to a 302,000 sq ft building in South Marston near Swindon, Wiltshire.[5]
In an interview with The Sunday Times on 10 January 2015, the firm's then managing director stated that the chain had sales of £194m.[6]
In June 2015, Oak Furnitureland became the principal sponsor and home kit sponsor for association football club Burnley.[7][8]
In June 2020, Davidson Kempner Capital Management bought Oak Furnitureland out of administration.[9][10]
References
edit- ^ "Swindon-based retailer Oak Furnitureland to take on new staff". Swindon Advertiser. January 29, 2013. Retrieved 2019-11-15.
- ^ "Online retailer to mogul/". The Daily Telegraph. February 4, 2013. Retrieved 2019-11-15.
- ^ "Online shops move into the High Street/". BBC. May 7, 2013. Retrieved 2019-11-15.
- ^ "Oak Furnitureland reports record sales and profits". Retail Week. January 31, 2013. Retrieved 2019-11-15.
- ^ "£22m property investment deal puts Oak Furnitureland centre under new ownership". Swindon Business News. March 25, 2014. Retrieved 2019-11-15.
- ^ "How I Made It: Jason Bannister, founder of Oak Furnitureland". The Sunday Times. January 11, 2015. Archived from the original on March 3, 2016.
- ^ "Burnley's Sean Dyche looks to new season in Championship". ITV News. June 17, 2015. Retrieved 2019-11-15.
- ^ "Oak Furnitureland is Clarets new shirt sponsor". Burnley Express. June 3, 2015. Retrieved 2019-11-15.
- ^ "Oak Furnitureland's future secured in pre-pack administration deal". Retail Gazette. 16 June 2020.
- ^ "Arcadia Group may be bought by Next with Davidson Kempner". 18 December 2020.
