Floor coverings
News about specialist carpet and floor coverings retailers including Carpetright and Allied Carpets
Floor coverings news
General retail flat as food groups suffer
General retailers trod water over the week in a flat market, but food groups underperformed as investors continued to fret about supermarket prospects and Kantar data showed the grocery market growing below the rate of food price inflation.
Carpetright Ireland business in recovery despite group profit warning
Carpetright issued a profit warning on Tuesday despite an improving sales trend that included a double digit like-for-like increase in the tough Irish market.
Carpetright issues profit warning
Floorings retailer Carpetright has issued a profit warning despite an improving trend in sales.
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Topp Tiles like-for-likes drop 4.2% in first quarter
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Analysts confident of Carpetright recovery
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Carpetright reports first half loss
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Store stocks tick up as consumers fret
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Retailers feel the heat as consumers save
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Topps Tiles expects pre-tax profit to hit consensus of £13.4m
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Topps’ tumble spells trouble for sector
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Big names suffer amid tough trading concerns
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Topps warns on profits as shattered consumer confidence takes toll
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Store stocks bear up despite wave of riots
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City forecasts difficult times for Carpetright
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Stakebuilding raises Blacks’ share price
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General retail cheer despite torrid trading
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Carpetright profits slump in the face of weak consumer demand
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Topps Tiles aims to outperform with brand focus
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Topps Tiles profits and sales flat
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Carpetright sheds 350 jobs and 12 stores as cost drive continues
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Carpetright forced to issue a second profit warning
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Topps Tiles on course for strong results
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Management behind deal for Allied Carpets
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Carpetright shuts Ireland stores after steep sales fall
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Royal wedding bank holiday to hit store costs
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Tesco results top off another tough week
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Carpetright IT and e-commerce director Ian Woosey made redundant
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Aldi and M&S lead way with vow to absorb Irish VAT rise
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Profits fall at Topps Tiles
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More bad news from Carpetright as sales continue to fall
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Harris mounts audacious assault on beds market
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Analysts confident the only way is up for retail shares
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Floors 2 Go collapses into administration
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Retailers count the cost as looters attack stores
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Carpetright boss Lord Harris says rioters need jobs
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Carpetright sales improve at the expense of margins
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United Carpets posts level profits
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Topps Tiles sales dip in third quarter
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Sofa retailer SCS to open carpet departments in stores
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Carpetright UK MD stands down amid board reshuffle
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Topps Tiles appoints non exec Michael Jack as chairman
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Second profit warning in a month from Carpetright
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Carpetright warns on profits
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Topps Tiles like-for-likes up 1.8% in first half
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Allied Carpets sold by Hilco
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Carpetright closes Irish stores as sales plummet by more than 50%
Floor coverings in depth
Bill Carrahar
The new director of Carpetright’s beds business, Sleepright, is passionate about the sector that has given him a second career, and is looking forward to working with an ‘icon in the industry’
Running up the down escalator
Retailers are in unknown territory, but it is areas such as cost-cutting and multichannel that will mark out the winners. Nicola Harrison reports
Carpetright focused on the future
All eyes will be on floorings giant Carpetright next week, as it is expected to report its worst first-half figures as a listed company.
