Scottish beds retailer maintains sales growth

Scottish beds and mattresses retailer Archers Sleepcentre has reported another growth in turnover.

According to its latest filed accounts for the year ended 31 August 2023, total sales rose 7% to £14.2m from £13.3m in 2022, further adding to its growth of 7.5% from £12.4m in 2021.

Pre-tax profit resulted at £595,000, down from £1m recorded the previous year.

Stated within its report, the company said the reduction in profit was due to the return to post Covid 100% business rates liabilities as well as an increase in marketing spend.

Looking ahead, Archers added that it will continue to work closely with suppliers to develop its “already successful range of in-house products, widening product choice and protecting margins”.

“Internet sales are expected to continue growing as we increase our product and category offerings, supported by unique industry leading website functionality.”

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