ScS share plunge underlines chilling downturn in furniture sales
Shares in ScS Upholstery, the furniture retailer, plunged almost 40pc today after the store group said that an unnamed credit insurer had stopped offering cover to a number of suppliers who sell sofas to the retailer.
The announcement, which relates to a technical aspect of the supply chain, is chilling evidence of the steep downturn in [...]
Furniture chain gets Leathered
Shops are just as likely as moneylenders to con you into costly Payment Protection insurance.
The Land of Leather furniture chain has just been fined ï¿¡210,000 for selling policies through its 90 stores without proper training or supervision of staff.
City watchdog the Financial Services Authority also fined chief executive Paul Briant ï¿¡14,000.
Tags: amp, briant, chief executive, [...]