All Carpetright articles – Page 17
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News
Carpetright targets Europe and high street for expansion
Flooring specialist strives for ‘service like Sainsbury’s and value of Tesco’ as it ramps up growth
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Goldman Sachs eyes recovery in retail opportunities
Goldman Sachs has forecast that retail like-for-likes will rise in 2010 after two years of declines in the store groups it follows.
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Carpetright upgrades broadband bandwidth
Carpetright has upgraded its broadband network as part of the resigning of a deal with its existing supplier.
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Poor January sales drag down retailers
General retailers were hit in the wake of poor January sales data from the British Retail Consortium and wider market turbulence at the end of last week.
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Snow dampens Carpetright’s third quarter
Carpetright’s group sales rose 7% in the 13 weeks to January 30, but the UK performance was weaker than expected because of the snow.
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Snow hits Carpetright sales
Carpetright group sales grew 7% in the 13 weeks to January 30 as snow last month hit sales.
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Consumer fears overshadow ‘super Thursday’ updates
Retail shares slid following last week’s ‘super Thursday’ round of updates and brokers have warned store stocks might now stall.
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Lord Harris upbeat as Carpetright delivers stellar first half
Carpetright, the UK’s biggest floor coverings specialist, generated pre-tax profit growth of 15.8% to £11m in its first half and is considering further expansion in Europe.
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Carpetright notches up best half-year performance in five years
Carpetright pre-tax profit grew 15.8% to £11m in the 26 weeks to October 31 as the domestic arm clocked up it strongest half year performance since 2004.
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Carpetright set for record UK sales
Floor coverings retailer Carpetright is expected to announce strong interim results on Tuesday following its most recent trading update for the 12 weeks ended October 24, which showed group sales up 10.3%, while like-for-like sales rose 5.6%.
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Analysis
Woolworths’ property portfolio: Well worth it?
Woolworths’ collapse left a scar on hundreds of high streets as 807 stores shut. One year on, Sara McCorquodale investigates what has been re-let and who has benefited
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Sales leap helps Carpetright exceed forecasts
Carpetright has revealed a better than expected first half after an improvement in the second quarter.
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Carpetright delivers better than expected first half
Carpetright like-for-like sales in the UK and Ireland increased 3.5% in the 25 weeks to October 24 after an improvement in the second quarter.
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Signs of improvement for big-ticket retailers
There were indications of improved prospects among hard-pressed big-ticket retailers as Home Retail Group and Kesa issued updates and Carpetright held its AGM.
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Carpetright's Lord Harris confident that trading conditions are improving
Carpetright chairman and chief executive Lord Harris has reaffirmed his belief that trading conditions are improving.
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Discounters lead way as 60% of Woolworths stores snapped up
Nearly 60% of the 800 former Woolworths stores have been let or are under offer, assuaging fears that the variety store group’s demise is turning town centres into ghost towns.
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Analysis
Does David Cameron think retail?
Many retailers are disillusioned with Labour rule in the downturn but would a Conservative government led by David Cameron really be the answer to their woes?
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Carpetright shifts ads away from price focus
Carpetright has overhauled its marketing to focus on “emotional engagement” rather than just price as the retailer achieved its first like-for-like sales growth since the fourth quarter of 2007/08.
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Carpetright posts like-for-like sales rise
Carpetright, the market leading floor coverings retailer, has posted the first quarterly like-for-like sales rise at its core business since the fourth quarter of 2007/08.
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Analysis
Hilco: hero or villain?
Profiting from retail misfortune as it does, restructuring specialist Hilco is much maligned. George MacDonald asks if the rancour is deserved