Topps Tiles is the leading tile retailer in the UK with around a third of the tile market. Since its first store was opened in Manchester in 1963, the company now trades through more than 300 stores. It also has a boutique store format that lets Topps trade through high street locations and appeal to a wider audience. Retail Week provides news, analysis, features and opinion about Topps Tiles and the home and DIY sector.
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Topps Tiles has issued a profit warning, blaming margin pressures from ongoing macroeconomic uncertainty and âextreme heatwave conditionsâ.
Topps Tiles chief executive Alex Jensen said the retailer âremains a market outperformerâ, despite reporting a slump in pre-tax profits.
Specialist retailer Topps Tiles is to shut a tranche of shops is it responds to âsofterâ trading conditions.
The eponymous business achieved a 2% increase in like-for-likes in the first quarter to December 27, helped by a 3.7% advance in its trade business and category extensions.
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