Furniture firm Fultons back in Northern Ireland with £1m store
One of the best-known names in Northern Ireland retail has returned, creating 10 new jobs following its collapse during the economic crash.
Upmarket family-furniture company Fultons has announced the opening of a new £1m store in Queen Street, Lurgan, where the business started around 50 years ago.
The company formerly ran a landmark showroom on Belfast's Boucher Road.
This was just as famous for its popular cafe, where customers were serenaded by a pianist on a grand piano, as it was for its luxury goods.
However, the firm went into administration during the downturn after spending on discretionary items - such as expensive furniture - was cut back.
The company also lost money from property investments. Its former premises on Balmoral Plaza, Boucher Road, are now home to mass-market furniture company Harvey Norman.
But Fultons is now back selling furniture in an investment supported by Ulster Bank which has enabled the company to buy back the Lurgan premises.
The new business is headed by Paul Fulton, the son of Cyril Fulton, who built the brand over several decades since the 1960s.
Cyril Fulton is a well-known interior designer and has worked on major new housing developments in recent years.
Paul Fulton said: "We have been overwhelmed by the enthusiasm from customers old and new for the venture.
"We have invested significantly and taken our time to ensure that the showroom is absolutely right, and we are delighted with the outcome.
"We are most grateful to Ulster Bank for their support, which has been a fundamental," he added.
Derick Wilson, Ulster Bank business development manager, said: "This has been a long-term project for the Fulton family, with a truly impressive showroom resulting.
"Ulster Bank provided support to refurbish the premises on Queen Street, as well as to purchase stock.
"With their strong brand and experience in the sector, I have no doubt that the family are well placed to build the business into the future."
Cyril Fulton said: "The Fultons emphasis has always been to be much more than a furniture store, with interior design at the core of what is provided.
"Our attention to detail is highly valued and the team are very much looking forward to welcoming long-standing and new customers."