Kütchenhaus reports yearly revenue growth, announces expansion plans
The company has also announced plans to open a further 17 retail stores across the UK
Kütchenhaus, the national kitchen retailer, has reported an 11 per cent growth in its year-on-year revenue. The franchise business, owned by Europe’s largest kitchen manufacturer Nobilia, has also announced plans to open a further 17 retail stores across the UK in the next 18 months, to accompany the existing 31 UK showrooms.
The expansion, coupled with it growing ecommerce presence, has prompted the firm to forecast a 22 per cent revenue growth target for the next 12 months. The company has also suggested it is on course to continue international expansion and open a store in Miami.
Kütchenhaus have attributed high street business growth to the quality of the instore customer experience the company provide, the German designed and manufactured kitchens that Kutchenhaus is famous for and the increased consumer demand for affordable quality.
Sean Ford, national head of sales and operations for Kütchenhaus, said: “We’re on an ambitious growth path over the next 2-3 years, so it’s fantastic to see the progress in the last 12 months both online and off.
“There’s no doubt trading conditions are tough for many bricks and mortar retailers and the home improvement market is extremely competitive, but our franchise owners are helping us buck the trend by creating an engaging store environment. We also feel our competitive pricing and ability to make the highest quality German manufactured kitchen affordable, gives us a unique position in the market and the confidence to expand internationally.”
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