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
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.
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
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.
The FTSE 100 has rallied slightly this morning, but struggling floorings retailer Carpetright reported a loss spearheaded by dwindling consumer confidence in the UK and increased competition. MailOnline Also reported by •thisismoney.co.uk
It's been a rocky start to the year for Carpetright, as it has been for many retailers. After announcing the closure of 81 stores in April, investors approved a £60m recovery plan earlier this month.. City A.M.