MFI Retail business was founded in 1964 as Mullard Furniture Industries by Noel Lister and Donald Searle, who previously traded in war surplus goods. It was named after Searle’s wife’s maiden name. The company floated on the stock market in 1971 as MFI Warehouses and merged with Asda to create Asda-MFI in 1985.
Legacy furniture giant MFI to return 18 years after it collapsed into administration
