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Furniture chain plans to more than double its network

Doncaster-based furniture maker and retailer DFS plans to more than double its network of stores following its recent expansion into the south-east.

The chain is expecting to open a further eight stores this year. The final cost will depend on the number of leasehold or freehold sites acquired.

The family of Sir Graham Kirkham, chairman and founder, yesterday raised £112m by selling a 20% stake in the company.

  • Financial Times 29/10/96 page 19
  • The Daily Telegraph 29/10/96 page 26
  • The Independent 29/10/96 page 18

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