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Sales lift at Carpetright

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 - Published

Carpetright sales remain sluggish amid shopper uncertainty; finance chief of 10 years steps down

carpetright sales remain sluggish amid shopper uncertainty; finance chief of 10 years steps down
Carpetright said today that sales have continued to fall in the last three months, a sign that the challenged floorings firm is not yet out of the woods.
MailOnline - Published

Videos for Carpetright

Sharp tumble in UK retail sales [Video]Sharp tumble in UK retail sales

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..

Credit: Financial Times     Duration: 01:41Published

 

Cheltenham's Carpetright is relocating - and it's going to have an outlet section

cheltenham's carpetright is relocating - and it's going to have an outlet section
It's not going far
Stroud Life - Published Also reported by •Gloucestershire EchoGloucester Citizen

Failing carpet retailer could be replaced with food store

failing carpet retailer could be replaced with food store
The unit at Camborne Retail Park in Trevenson Road is currently home to a Carpetright store but chain went into administration last year with the closure of 92 stores and uncertainty around its future
Cornish Guardian - Published Also reported by •West BritonThe Cornishman

Global stocks tumbled this year as trade war fears and political uncertainty rocked markets

In the UK, retail was one of the worst-performing sectors, with Debenhams and Carpetright both ending the year with shares down more than 85 per cent
Independent - Published

Carpetright shares spike despite heavy losses as store closures help it get back on track

carpetright shares spike despite heavy losses as store closures help it get back on track
Carpetright shares, which have been in the doldrums since the firm unveiled a radical store closure plan last April, spiked by more than 9 per cent in early trading today.
MailOnline - Published

Carpetright could close 11 UK stores after slashing £19 million in costs

carpetright could close 11 uk stores after slashing £19 million in costs
65 outlets have already closed, and there could be more bad news on the way
Nottingham Post - Published

FTSE LIVE: Carpetright reports losses; WPP launches restructure; Pound in focus after hefty plunge

ftse live: carpetright reports losses; wpp launches restructure; pound in focus after hefty plunge
Carpetright has reported stinging losses for a period in which it closed 54 stores, and marketing giant WPP has fired the starting gun on a radical restructure that includes slashing costs by £275m.
MailOnline - Published

Carpetright deepens losses amid store closures and weak trading


FT.com - Published

Carpetright losses widen as sales fall

carpetright losses widen as sales fall
Sales are still falling at the retailer which is closing stores as part of a restructuring plan.
BBC News - Published

PureGym is looking to open a fitness centre at Park Farm Retail Park in Folkestone

puregym is looking to open a fitness centre at park farm retail park in folkestone
The gymnasium is set to take over the former Carpetright store which closed in the spring
Kent and Sussex Courier - Published Also reported by •Sevenoaks ChronicleDover ExpressFolkestone HeraldCanterbury TimesThanet Gazette

Tapi Carpets to make job cuts as brutal retail market takes its toll

tapi carpets to make job cuts as brutal retail market takes its toll
Three-year old floorings chain Tapi Carpets has started laying off staff, as it is struck by the same torrid market conditions that hurt its rival Carpetright and other retailers.
MailOnline - Published

MARKET REPORT: Store closures pull rug from under Carpetright

market report: store closures pull rug from under carpetright
After nearing collapse earlier this year, Carpetright decided many of its shops were too expensive or too large to run. It has closed 67 over the last six months.
MailOnline - Published

Carpetright admits its sales 'remained negative' amid store closures and turnaround scheme

carpetright admits its sales 'remained negative' amid store closures and turnaround scheme
So far this year, Carpetright has closed 65 'underperforming stores' in the UK and two in Europe. The group plans to close six further stores by the end of this year.
MailOnline - Published

Store closures hurt Carpetright sales amid restructuring


FT.com - Published

1 in 3 retailers listed on the Footsie report warnings on profits

1 in 3 retailers listed on the footsie report warnings on profits
Store chains have issued eight profit warnings, the highest of any FTSE sector. The list includes Debenhams, Moss Bros and Carpetright which are all showing signs of significant financial stress.
MailOnline - Published

Homebase on the brink: 11,000 jobs at risk as sales plunge 10% with 70% of stores now in the red

homebase on the brink: 11,000 jobs at risk as sales plunge 10% with 70% of stores now in the red
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 - Published

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