All Tapi Carpets articles
Tapi was launched in 2015 by Martin Harris to “blow a breath of fresh air” into the world of carpet and flooring retailing. Rapid expansion of its relatively upmarket format has come at a cost though. Tapi has opened more than 170 stores since it was established.
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Interview
Interview: How Tapi Carpets founder Martin Harris is tapping into a new era
Retail Week sits down with Tapi founder Martin Harris to discuss how the business has grown over the past seven years and why smaller stores might be the future of flooring
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Analysis
Ranking: The top 20 retailers to work for in the UK in 2022, according to employees
Recipe box subscription business Mindful Chef, which focuses on healthy eating, has emerged as the top retailer to work for in the UK, according to employee reviews.
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Retail Navigator Analysis
Tapi (SWOT)
Tapi founder Martin Harris has been able to exploit his family connections and more than two decades of industry experience to establish a significant presence within a short time scale. The retailer is continuing to grow, aided by financial backing and an influx of senior management from the former Harris family business, Carpetright.
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Retail Navigator Analysis
Tapi (Overview)
Tapi was launched in 2015 by Martin Harris to “blow a breath of fresh air” into the world of carpet and flooring retailing.
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Retail Navigator Analysis
Tapi (Financials)
Tapi delivered another year of consecutive sales growth with revenues climbing 15.2% to £158.3m for the 53 weeks ending 31 December 2022 (FY2022).
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News
Tapi Carpets set to register first-ever profit
Tapi Carpets has recorded strong sales growth in its second half, leading to the retailer’s first-ever profit for 2020.
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News
Tapi Carpets backers invest £16m as it eyes route to profitability
Tapi Carpets has secured £16m in new investment and set out its ambitions to become profitable within 18 months.
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Analysis
Data: The UK’s 15 most improved retailers for gender pay equality
Retail Week ranks the top-performing and most improved UK retailers for gender pay equality.
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Analysis
Who will be retail’s winners and losers of 2020?
Who will rise to the top in 2020 and who will struggle? Retail experts share their tips for the year ahead
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News
Tapi losses widen as store rollout grinds to a halt
Tapi has reported widening full-year losses, as its accelerated store rollout programme begins to slow down.
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News
Homebase appoints former Kingfisher director to lead Bathstore
Homebase has announced the new director of Bathstore following the acquisition of the bathroom retailer last month.
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Analysis
Analysis: Retail's biggest hires, fires and feuds in 2018
There have been many entrances and exits in the retail sector in the past year. Here is a snapshot of 2018’s most important hires and fires.
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News
Homebase and Tapi launch concession partnership
Flooring retailer Tapi is rolling out concessions in Homebase stores as it seeks to ramp up its expansion.
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News
Tapi losses widen amid rapid store expansion
Tapi has suffered widening full-year losses as it pressed ahead with its aggressive store expansion plan.
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News
Tapi plots swoop on Carpetright stores as CVA nears
Tapi is speaking with Carpetright’s landlords in the hope of snapping up a clutch of the retailer’s stores that are subject to rent reductions under the terms of its impending CVA.
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News
Will Carpetright’s CVA put it on a firmer footing?
Troubled Carpetright has today put forward a proposal to close nearly a quarter of its stores and renegotiate rents on a chunk of others through a CVA – a controversial restructuring tool.
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News
Carpetright to axe 90 stores under CVA plan
Carpetright plans to shutter more than 90 stores and slash rents at more than 100 other sites amid a “fundamental restructuring” of its property portfolio.
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Analysis
How Carpetright’s founder became its worst enemy
Floorings stalwart Carpetright has been in the wars lately. After three profit warnings it is now considering a CVA to exit unwanted stores as sales stall.
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Analysis
Analysis: When retailers go from friend to foe
Footasylum’s IPO represents a second sports retail payday for David Wardle and John Makin. The pair had previously founded, built and floated JD Sports before going into competition against it.
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News
Tapi losses widen amid ‘aggressive’ store expansion
Tapi – the flooring retailer set up by Martin Harris, son of Carpetright founder Lord Harris – racked up pre-tax losses of £10.2m in 2016.