Credit: John Lewis
Ticker

John Lewis partners with Fat Llama to test furniture rental service

From August 17, it will be possible to enjoy a statement sofa, or a stylish desk to work from home without committing to buying it because John Lewis is partnering with the world’s largest product rental marketplace Fat Llama to offer a furniture rental service.

Attitudes to renting products which used to be bought, from music to tech and cars, have shifted dramatically and the sharing economy, led by companies like Airbnb and Uber, has seen huge growth and brought about a change in attitude to ownership. In America companies like Fernish and Feather which offer furniture rental services are growing in popularity.

Customers will be able to rent John Lewis furniture including; desks, chairs, dining tables and sofas for three, six or twelve months and have the option to buy them at any time with payments already made deducted from the purchase price. The longer customers commit to renting, the lower the rental price.  

Fat Llama will deliver the furniture within two working days, and if needed help set it up, and collect products at the end of the agreement. Returned items will be cleaned and if necessary refurbished before being rented again. 

The service will be offered via Fat Llama’s ‘Flex Rental’ website where they already offer tech products such as speakers, iphones and electric scooters for rent. 

Initially the service will be offered in Greater London but dependent upon demand could quickly be expanded across the UK.

Johnathan Marsh, Partner & Director of Home at John Lewis said; “We want to make our products and services as compelling and meaningful to the next generation of customers and how they want to live. 

“Attitudes towards renting items and the sharing economy have dramatically shifted in recent years, and we know that renting, reselling items and recycling them is a growing priority for our customers. 

“Renting furniture will give more customers access to our high quality furniture, as well as the latest designs. It also offers them the flexibility to enjoy living with a bold, trend-led piece of furniture that they may not want forever, to easily change style, size and type of furniture if they are moving to a new rental property, or just need a stylish desk to temporarily work from home. All with the piece of mind that they are making more sustainable choices.”

Chaz Englander – CoFounder and CEO said;  “”The world is changing. People are focusing more on access instead of ownership. As we have seen in the US, renting furniture instead of owning it is becoming the new normal for millennials; a generation that is moving house every 12 months. With this being our first step into furniture rental, it was important for us to find a partner that could supply high quality furniture at scale. John Lewis could not have been a better fit.”

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Shelley Sandzer promotes Tony Levine to Director of Leasing

Shelley Sandzer has promoted Tony Levine to Director of Leasing. Tony will work alongside joint-Managing Partner, Ted Schama, in representing leading landlords in securing new F&B and leisure brands for their destinations.

Angelo Gordon and Kintyre acquire Park Center Treptow in Berlin

A joint venture partnership between Angelo Gordon, a global investment manager, and Kintyre the Frankfurt-based independent real estate investor and asset manager, have acquired Park Center Treptow in Berlin.

Slovak National Theater Summer Gala at Eurovea Square

After corona lock down, cultural events were missed by many.

Realm announces flurry of international brands set to join Livingston Designer Outlet in Scotland

Specialist asset manager, Realm, has exchanged with three new global brands opening at Scotland’s largest outlet centre, Livingston Designer Outlet. The deals, totalling 6,060 sq ft, include PUMA, Samsonite and Police and reflect the centre’s strong trading period during Q2 2021 following the reopening of non-essential retail in April.

Decathlon expands into Styria for the first time: Austria’s most modern store opens in Seiersberg-Pirka in 2022

Sports enthusiasts in Styria can look forward to Decathlon's first branch in Styria. The French sporting goods manufacturer and retailer is opening its fourth location in Austria in Seiersberg-Pirka, south of the provincial capital Graz. Already in the first half of 2022, athletes from the region will have access to high-quality sporting goods for more than 70 sports on an area of 3,000m2. Styrian athletes will find everything their hearts desire in Austria's most modern Decathlon store in the near future.

British Corner Shop Opens European Distribution Centre

Bristol-based online grocery store,  British Corner Shop, has  announced it has opened a  new warehouse  in  the Netherlands after Brexit caused a surge in demand across Europe.