All Tapi Carpets articles
Tapi was launched in 2015 by Martin Harris to “blow a breath of fresh air” into the world of carpet and flooring retailing. Rapid expansion of its relatively upmarket format has come at a cost though. Tapi has opened more than 170 stores since it was established.
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Retail Navigator Analysis
Tapi (Financials)
Overall sales at Tapi climbed 7% to £170.9m for the 52 weeks ended 31 December 2023 (FY2023). It said its “strong performance” came in spite of “challenging macroeconomic conditions and the impact on consumer spending throughout the year.”
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News
Tapi has turned a profit for the first time outside of the pandemic
Tapi has turned a profit for first time outside of the Covid-19 pandemic, despite shoppers’ subdued appetite for big-ticket home improvements.
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News
Carpetright customers owed £8m in outstanding orders
Carpetright owes nearly £8m in outstanding orders to 21,000 customers with the majority of them expected not to be refunded, the company director’s statement of affairs revealed.
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News
Bensons for Beds has snapped up Carpetright stores and will aim to rescue jobs
Bensons for Beds has snapped up almost 20 Carpetright stores in the wake of the carpet retailer’s collapse.
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Opinion
‘There’s a grim irony in Carpetright’s collapse, but don’t blame founder Lord Harris’
Carpet king Lord Harris built Carpetright, then went into business against it. As Tapi takes control of Carpetright assets from the administrator, some may see Harris as a Brutus figure – but that would be wrong, says George MacDonald
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News
Tapi has opted out of Ireland and the Channel Islands in the Carpetright buyout
Tapi will take over 54 of rival Carpetright stores as part of a multimillion-pound buyout, but it has opted out of buying those stores located outside of the British mainland.
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News
Carpetright: full list of stores rescued from administration by Tapi
Tapi has swooped in to buy rival Carpetright in a multimillion-pound deal but has selected just 54 stores to take over from the retailer.
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News
Tapi has bought Carpetright but many jobs and stores are still at risk
Carpetright has been rescued from collapse by rival carpet and flooring retailer Tapi – but hundreds of stores are expected to close, leaving many jobs at risk.
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News
Exclusive: More than half of Carpetright’s stores could be at risk in a Tapi deal
More than half of Carpetright’s stores could be at risk even if they are bought by rival Tapi, Retail Week can reveal.
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Interview
Interview: How Tapi Carpets founder Martin Harris is tapping into a new era
Retail Week sits down with Tapi founder Martin Harris to discuss how the business has grown over the past seven years and why smaller stores might be the future of flooring
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Data
Ranking: The top 20 retailers to work for in the UK in 2022, according to employees
Recipe box subscription business Mindful Chef, which focuses on healthy eating, has emerged as the top retailer to work for in the UK, according to employee reviews.
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Retail Navigator Analysis
Tapi (SWOT)
Tapi founder Martin Harris has been able to exploit his family connections and more than two decades of industry experience to establish a significant presence within a short time scale. The retailer is continuing to grow, aided by financial backing and an influx of senior management from the former Harris family business, Carpetright.
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Retail Navigator Analysis
Tapi (Overview)
Tapi was launched in 2015 by Martin Harris to “blow a breath of fresh air” into the world of carpet and flooring retailing.
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News
Tapi Carpets set to register first-ever profit
Tapi Carpets has recorded strong sales growth in its second half, leading to the retailer’s first-ever profit for 2020.
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News
Tapi Carpets backers invest £16m as it eyes route to profitability
Tapi Carpets has secured £16m in new investment and set out its ambitions to become profitable within 18 months.
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Analysis
Data: The UK’s 15 most improved retailers for gender pay equality
Retail Week ranks the top-performing and most improved UK retailers for gender pay equality.
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Analysis
Who will be retail’s winners and losers of 2020?
Who will rise to the top in 2020 and who will struggle? Retail experts share their tips for the year ahead
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News
Tapi losses widen as store rollout grinds to a halt
Tapi has reported widening full-year losses, as its accelerated store rollout programme begins to slow down.
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News
Homebase appoints former Kingfisher director to lead Bathstore
Homebase has announced the new director of Bathstore following the acquisition of the bathroom retailer last month.