All Topps Tiles articles – Page 10
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Analysis
Passing on the VAT increase
With VAT set to rise retailers will struggle to absorb the increase, especially as other costs are rising. Some are already putting prices up to make January’s change less noticeable, Nicola Harrison discovers
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News
Topps Tiles grows profits and market share
Topps Tiles grew full-year profits and market share as it revealed it would not initially pass on the January VAT rise to customers.
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News
Fears for discretionary spending strike shares
The festive season may be in full swing but it is worries about next year that are hitting general retail shares, which underperformed the market this week.
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News
Topps Tiles profits and sales up
Topps Tiles pre tax profit grew from £9.9m to £12.4m in the 53 weeks to October 2 as the retailer kept a tight control on costs.
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News
Retail bears up as FTSE slides on Irish bailout
Stores of all types were down over the week but a little less than the market as a whole, which took fright at the emergency bailout of Ireland.
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News
Bullish outlook for retail despite jitters
General retailers were down over the week while their food counterparts were up - both underperformed a flattish market.
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News
Sluggish growth puts brokers off their food
Food retailers’ shares looked far from scrumptious ahead of Tesco’s interim results next Tuesday and Sainsbury’s second-quarter update a day later.
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News
Topps Tiles full year sales up
Topps Tiles said it expects to report UK revenues up 2% to £182.4m in the 53 weeks to October 2.
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News
Solid updates ensure retail shares pick up
Store shares shifted off the shelf last week as a raft of decent updates - albeit with the usual caveats about prospects - left investors wondering whether retailers had been oversold.
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News
Sector fears cause general retailers to be downgraded
Broker Singer has downgraded forecasts for 17 general retailers by up to 10% because of fears about sector prospects.
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News
Tough times ahead for Ocado, warns broker
It was kerching! for Ocado’s founders as the etailer pulled off its IPO in the face of widespread City scepticism, although the flotation price did not meet original ambitions.
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News
Retail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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News
Topps Tiles Q3 sales improve
Topps Tiles like-for-like sales decline has softened to -1.2% in the 13 weeks to July 3.
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News
Topps Tiles is ‘good recovery story’
A Topps Tiles analysts’ trip last week helped convince the City that the retailer is a “good recovery story”.
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News
Retail shares rebound after last week’s blow
Food and general retail stocks alike bounced back after last week’s plunge, both outperforming the All Share index.
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News
Floors-2-Go and Topps Tiles in dispute over email allegations
Topps Tiles has become embroiled in a row with floorings retailer Floors-2-Go over allegations that an email was circulated by a Topps employee making allegations about Floors-2-Go’s performance.
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News
Topps Tiles profit falls in first half
Topps Tiles adjusted profit before tax and discontinued operations fell from £8.7m to £7.8m in the 27 weeks to April 3 as consumer confidence remains subdued.
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News
Kingfisher and Topps Tiles updates won’t lift home sector gloom
Updates from Kingfisher and Topps Tiles next week are expected to paint a subdued picture of the home sector’s performance.
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News
Topps Tiles invests in ads and website
Topps Tiles has made a “substantial investment” to bolster its marketing presence, revamping its website and resuming TV advertising after dropping it during the downturn.
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News
Concerns over Topps Tiles forecasts spark downgrades
A worse than expected update from Topps Tiles led to widespread downgrades to profit forecasts as analysts voiced concern over dampened appetite for home and big-ticket purchases.