Home Furnishings Retailer Reports 109% Increase in Revenue Following Surge in Demand

Home furnishings retailer Terrys has announced that it has seen overall revenue increase by 109% over the last 12 months after a huge surge in demand throughout recent national lockdowns.

The family run business, which has a store in Staffordshire and an ecommerce site which serves customers across the UK, specialises in homewares and textiles including curtains, blinds, and soft furnishings.

In a year where so many industries have suffered, the homes and gardens sector has flourished, with searches for blackout curtains up 47% and roman blinds up 49% compared to this time last year.

Paul McGuiness, Managing Director at Terrys said “It’s been a really challenging year for many industries, but we are really delighted to have seen a continued demand for home furnishings during this time. The past twelve months has seen many people investing in their homes, and this is a trend that we anticipate will continue throughout the coming months”.

The retailer has seen several brand wins throughout Q1 of 2021 to date, bolstering its already extensive offering with the addition of popular homeware collections.

In a first for the retailer in it’s over 50 years of trading, Terrys have recently launched an exclusive collection with renowned designer Orla Kiely, furthering its position as a market leader within the sector.

Gareth Coxall, Marketing and Creative Director at Terrys had this to say “We have ambitious plans for expanding our offering to not only include some of the UK’s most popular and much-loved designer collections, but also a range collections that will be exclusive to Terrys. We’re working with some really exciting designers and we can’t wait to reveal all soon!”

The made to measure arm of the retailer’s offering has been going from strength to strength, with the retailer now stocking over 3,500 fabric variations for both made to measure blinds and curtains. The retailer is set for another strong year, with huge plans for growth over the next 12 months including plans to become the UK’s largest supplier of “Day and Night Blinds” and the launch of an exclusive homeware collection with one of interior designs’ biggest names, which is set to be revealed in March.

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