All Carpetright articles – Page 4
-
NewsWill Carpetright’s CVA put it on a firmer footing?
Troubled Carpetright has today put forward a proposal to close nearly a quarter of its stores and renegotiate rents on a chunk of others through a CVA – a controversial restructuring tool.
-
NewsCarpetright to axe 90 stores under CVA plan
Carpetright plans to shutter more than 90 stores and slash rents at more than 100 other sites amid a “fundamental restructuring” of its property portfolio.
-
AnalysisHow Carpetright’s founder became its worst enemy
Floorings stalwart Carpetright has been in the wars lately. After three profit warnings it is now considering a CVA to exit unwanted stores as sales stall.
-
VideoThe Retail Week: Are store closures the answer?
In a week when New Look’s CVA was voted through and Carpetright admitted it was considering one of its own, we debate whether store closures are the solution to retail’s problems.
-
AnalysisStore woes: As CVAs mount, how many shops do you need?
Events today have thrown into stark relief the pressure on underperforming stores and urgent need for action by some retailers.
-
NewsNew Look CVA approved, 60 stores to close
New Look’s landlords have approved its Company Voluntary Arrangement, paving the way for the retailer to shutter 60 stores.
-
NewsCarpetright secures emergency capital as it mulls CVA
Carpetright has secured emergency capital to tide it over as it sets about restructuring the struggling business.
-
NewsCarpetright mulls CVA as part of turnaround mission
Struggling flooring specialist Carpetright is being advised by Deloitte about possible restructuring options including a company voluntary arrangement (CVA), Retail Week understands.
-
AnalysisInfographic: Sports Direct increases Debenhams stake
Words and numbers, March 9, 2018: Sports Direct on boosting its stake in Debenhams to 29.7%, plus tough times for Toys R Us, Carpetright and New Look
-
NewsCarpetright issues third profit warning in three months
Carpetright has warned on profits for the third time in as many months as it kicks off talks with lenders to ensure compliance with its existing loans.
-
NewsCarpetright boss Wilf Walsh: ‘It’s not Armageddon’
Carpetright chief executive Wilf Walsh insists that the retailer is “better positioned than most” to survive a prolonged consumer downturn.
-
NewsCarpetright issues profit warning after poor Christmas
Carpetright has issued a profit warning following a post-Christmas trading period that was “significantly behind expectations”.
-
DataRetail league table: Christmas trading 2017
Find out how retailers have performed during the critical Christmas 2017 trading period, with our league table comparing like-for-like sales.
-
AnalysisGlad tidings: 10 ways retail gave back in 2017
Year in, year out, not just during the traditional season of goodwill, retailers give back in countless ways to the communities they serve from Stornoway to Sussex.
-
OpinionOpinion: Walmart dropping ‘Stores’ is sign of the times
Christmas may not be out of the way yet, but Walmart has already made one New Year’s resolution.
-
NewsCarpetright warns on profits as tough market bites
Carpetright has warned that full-year profits will come towards the bottom end of market expectations as tough trading conditions continued.
-
NewsAgenda: Dixons Carphone, Sports Direct and Joules
Retail Week looks ahead to the next seven days, with updates from Carpetright, Joules, Dixons Carphone, Sports Direct and Ocado on the agenda.
-
DataData: The top 30 retailers by UK store numbers
Tesco and the Co-op maintain the largest store networks, but discounters are showing the fastest growth.
-
AnalysisAnalysis: When retailers go from friend to foe
Footasylum’s IPO represents a second sports retail payday for David Wardle and John Makin. The pair had previously founded, built and floated JD Sports before going into competition against it.
-
DataData: The UK's top 10 retailers by staff efficiency
Increases in staff costs to sales ratio across the retail sector have been accelerating as the national living wage starts to bite.