French ‘destock’ discount retailer Noz has acquired thousands of furniture goods from collapsed online furniture Made.com and plans to sell them at 70% off.
After Made.com went into administration back in November 2022, Noz was quick to secure 141,000 pieces of furniture and decorative items. These include 113,000 articles of decoration articles and 28,000 items of designer furniture.
The stock, located in Antwerp, Belgium, is being stored with a MADE logistics provider with Noz receiving the first round of deliveries of furniture, which includes leather and fabric sofas, steel and wood tables, studio-style TV furniture, Scandinavian beds and velvet armchairs on 7 February 2023.
The next round will feature decoration and household linen and is expected to be delivered to all its 294 stores from 13 February.
Nicolas Teulier, decoration category manager at the NOZ purchasing centre, commented: “The objective is to reduce logistics processing time and transport costs, and to make the goods available to customers as quickly as possible.
“It is the responsiveness of all our logistics, stores and marketing teams that allows this tour de force. We were thus able to propose a loading, distribution and communication schedule in just a few weeks.”
More stories on MADE:
Next snaps up MADE brand as retailer enters administration
More details of MADE’s collapse surface as creditors owed almost £200m
