All Topps Tiles articles – Page 9
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News
Topps’ tumble spells trouble for sector
Analysts warned that Topps Tiles’ profit warning last week could signal weak trading for the wider home-related retail sector.
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Analysts confident the only way is up for retail shares
Analysts believe store stocks are unlikely to crash further, despite big-name retail shares plunging last week, when specialist Topps Tiles also issued a profit warning.
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Big names suffer amid tough trading concerns
Shop stocks were out of favour in the wake of a profit warning from Topps Tiles, with bearish notes on some of the sector’s biggest names and general heebie-jeebies about trading.
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Topps warns on profits as shattered consumer confidence takes toll
Topps Tiles has issued a profit warning after a steep trading downturn in recent weeks.
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Stakebuilding raises Blacks’ share price
The market edged up over the week but retailers of all types were becalmed.
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General retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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Topps Tiles sales dip in third quarter
Topps Tiles like-for-likes declined 1.9% in the 13 weeks ended July 2.
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Topps Tiles aims to outperform with brand focus
Topps Tiles will focus on brand building through more marketing as it seeks to outperform the market in its second half.
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Topps Tiles profits and sales flat
Topps Tiles has reported adjusted pre-tax profit edged down from £7.8m to £7.2m in its interim report for the 26 weeks to April 2.
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Topps Tiles appoints non exec Michael Jack as chairman
Topps Tiles has appointed former MP and non executive director Michael Jack as chairman.
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Topps Tiles on course for strong results
The City welcomed Topps Tiles’ “solid” update this week, as it revealed like-for-likes will have risen about 1.8% in the first half.
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News
Topps Tiles like-for-likes up 1.8% in first half
Topps Tiles expects like-for-likes to have increased by about 1.8% in the 26 weeks to April 2.
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Store share prices hold up as updates begin
Food giant Sainsbury’s was among a raft of big names to report over the week, when general retailers held their own against the market.
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Analysis
Christmas Trading: The good, the bad, and the ugly
Terrible weather hit retail hard this Christmas, but some managed to prosper regardless. Rebecca Thomson wraps up Christmas 2010 with the help of OC&C’s Christmas trading index
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Dunelm down in the dumps while Topps Tiles impresses
Updates from home retailers Dunelm and Topps Tiles painted a contrasting picture of trading conditions in the sector.
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Topps Tiles sales up despite snow disruption
Topps Tiles like-for-like sales grew 2.2% in the 13 weeks to January 2.
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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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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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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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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.