Sofa retailer SCS reports rebound in recent sales

Sofa chain SCS has seen orders bounce back after a slump in the second half of its last financial year and assured it was well-positioned to weather “continued economic uncertainty”.

Coinciding with its AGM, the group said like-for-like orders rose 2.9 per cent in the 16 weeks to 18 November, while two-year likefor-like orders jumped 8 per cent.

When accounting for its core business alone, orders rose 3.6 per cent for the period, with that number rising to 7.9 per cent for two-year orders, both on a like-for-like basis.

The order figures mark an improvement on the company’s half-year trading statement released in August, having reported a 5 per cent slump in second-half orders after being hit by more difficult retail conditions and failing to match up to strong sales a year earlier.

However, the performance of its House of Fraser concessions – which made up 6.2 per cent of its orders over the 16-week period – suffered, with orders declining 6.4 per cent.