All Carpetright articles – Page 15
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NewsManagement behind deal for Allied Carpets
Allied Carpets operations director Dean Weston is understood to have led Savana Trading’s purchase of the retailer, which was completed on Monday.
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NewsCarpetright shuts Ireland stores after steep sales fall
Carpetright has become the second high-profile UK retailer to close stores in Ireland over the past two weeks as retail sales continue to plummet in the country.
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NewsCarpetright closes Irish stores as sales plummet by more than 50%
Carpetright will close seven of its 25 stores in the Republic of Ireland as sales plummet by more than 50% over the past three years.
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NewsGloomy outlook as retail takes a bad turn
Primark’s unsettling update and a profit warning from HMV put the frighteners on retail sector investors and general stores were sharply down against a flat market.
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NewsRoyal wedding bank holiday to hit store costs
Leading retailers face higher staff costs due to this year’s extra bank holiday for the Royal Wedding.
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NewsCarpetright cautions prices will rise in 2011
Floorings giant Carpetright is to hike up its prices by about 8% this year as it seeks to mitigate soaring costs including freight and petrol.
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NewsCarpetright warns on profits as sales plunge
Carpetright has warned on profits as sales plunged in the UK and Ireland.
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NewsDouble-dip fears hit general retail stocks
Retail stocks were hit as the economy went into reverse, renewing fears of a double-dip recession, and Bank of England governor Mervyn King warned of plunging living standards.
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NewsStakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
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NewsCarpetright to downsize larger stores in a bid for better returns
Carpetright is downsizing 10% of its portfolio as it seeks to get better returns from its selling space.
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NewsCarpetright profit slides
Carpetright group pretax profit fell from £11m to £9.8m in the 26 weeks to October 30.
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NewsRetail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.
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AnalysisMartin Harris
Bellwether Carpetright updated this week. Nicola Harrison profiles the man widely expected to succeed founder Lord Harris at the helm
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NewsCarpetright sales fall 7.3% in ‘difficult’ market
Carpetright disappointed the City with its second-quarter update on Wednesday. The floorcoverings market leader suffered from unsettled consumer confidence and lower mortgage approvals.
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NewsCarpetright UK & Ireland like-for-likes drop 7.3%
Floorings specialist Carpetright group sales dropped 5.2% in the 12 weeks to October 23, with the retailer saying it expects tough trading conditions to continue into 2011.
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NewsBlacks’ shares perk up after bid approaches
Outdoor goods specialist Blacks was at the centre of the week’s retail share price action after revealing approaches from potential buyers.
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AnalysisIf consumer confidence is down, why are sales rising?
Consumer confidence has fallen yet again and many expect the decline to continue - so why are sales growing, with shoppers seemingly defying their mood?
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AnalysisRetail technology roundtable: Spend and save
Despite their budgets remaining depressed, the IT directors who joined Retail Week and BT Expedite to discuss their plans were upbeat on what can be achieved, found Joanna Perry
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NewsUnited Carpets warns positive results will be hard to replicate
Floorings specialist United Carpets posted full-year results ahead of expectations but weaker current trading led to downgrades of this year’s profit forecasts.