New business secured with housebuilders and insurers has seen floor coverings retailer Carpetright lift interim pre-tax profit 15.8% to £11m.
Group revenue rose 9% to £258m, and the firm hailed a.. teletext
Bosses at the ailing home improvement chain want to bring back axed concessions such as Laura Ashley and Habitat and even introduce new ones such as Carpetright and Pets Corner. MailOnline Also reported by •thisismoney.co.uk
Gloomy reports from consumer-focused companies, including Carpetright and Dignity, as rising prices squeeze households' spending with sales dropping their most since June 2016
► Subscribe to..
Homebase is to close roughly a quarter of its stores, resulting in the likely loss of more than 1,000 jobs.
The chain's new owner Hilco Capital, which also owns HMV, is to outline plans to close 60.. City A.M.
The number of FTSE-listed companies issuing profit warnings rose by 13 to 58 in the second quarter, an increase of 29 per cent compared to the same period last year, according to an EY report published.. City A.M.
The planned closure of the clothing store will follow that of Carpetright in the High Street Dorking Leatherhead Advertiser Also reported by •Surrey Mirror
Like struggling retail counterparts Carpetright, New Look and House of Fraser, Mothercare believes that store closures through a CVA will give it the breathing room it needs MailOnline Also reported by •thisismoney.co.uk
London based stock exchange NEX Group saw a 70% rise in it share price, and is to be acquired by US exchange operator CME Group. But things are going wrong for flooring retailer Carpetright.
The.. MoneyWeek
A gale is blowing through UK high streets, and retail and restaurant chains are feeling the sting. In this cut-throat environment, Toys R Us, Maplin and Poundworld have all gone to the wall. MailOnline Also reported by •thisismoney.co.uk
These are just a few of the big high street names which have sought to compromise their obligations to creditors in recent months via a company voluntary arrangement (CVA). Mondaq
Topps Tiles suffered a drop in sales during the third quarter, as a weaker consumer environment weighed on performance.
But unlike many other retailers, Topps is continuing to expand and.. City A.M.
The number of restaurants in financial distress has rocketed by 143 per cent in the last six months as more struggling businesses turn to the Company Voluntary Arrangement (CVA) to curtail.. City A.M.
Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (25 to 29 June 2018).
The FTSE 100 traded little over the week, despite.. City A.M.
![Sharp tumble in UK retail sales [Video]](https://video.newsserve.net/300/v/20180904/1225791786-Sharp-tumble-in-UK-retail-sales.jpg)
Disney Are Rethinking Their Star Wars Strategy - Here's Why
Japanese Space Experts Just Parked on an Asteroid
Tesla Aren't Developing a Time Machine. Yet.
MOVIE REVIEW: The House with a Clock in Its Walls
This Week in History: September 24th - September 30th
Is Uber Set to Buy Out This Popular App?
The Week in News: September 15th - September 21st
What Just Happened With Brexit? Theresa May's Surprise Speech
Send us your feedback | LIKE us on Facebook FOLLOW us on Twitter FIND us on Google+ • FOLLOW us on Pinterest