Sales and profit dip slightly at independent retailer

Independent furniture retailer Stollers has reported a slight decline in sales and profit.

According to its latest filed accounts for the year ended 30 September 2024, total sales fell 4.6% to £6.2m from £6.5m in 2023.

Pre-tax profit resulted at £374,000, down from £819,000 recorded in the previous year.

Stated within its report, the company said: “The year under review presented challenges, with increased costs and a competitive trading environment placing pressure on margins.

“Despite these conditions, the company maintained resilient performance through prudent cost management, careful stock control, and a continued focus on customer service.

“Investment in the showroom, online presence and sustainability initiatives has strengthened the business and positioned it well for future growth.”

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