All Topps Tiles articles
Topps Tiles is the leading tile retailer in the UK with around a third of the tile market. Since its first store was opened in Manchester in 1963, the company now trades through over 300 stores. It also has a boutique store format that lets Topps trade through high street locations and appeal to a wider audience.
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News
Topps Tiles major shareholder calls for management revamp after ‘costly blunders’
The biggest shareholder in tiles specialist Topps Tiles is reportedly calling for the board to overhaul its top team and strategy following a raft of “costly blunders” at the business.
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Retail Navigator Analysis
Topps Group (Financials)
Group revenues declined 4.2% to £251.8m at Topps for the 52 weeks ended 28 September 2024 (FY2024). Despite the shortfall in sales, the retailer said it continues “to take market share in a difficult trading environment”, with the market having fallen around 20% on pre-Covid levels.
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News
Topps Tiles sales hit by big-ticket slowdown
Topps Tiles saw sales drop as shoppers held back on big-ticket home improvement spending.
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News
Peel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
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News
Matalan bolsters top team with new hires after Whitfield exit
Fashion retailer Matalan has bolstered its top team with two new senior hires as it continues on a strategic turnaround following the shock departure of chief executive Jo Whitfield last month.
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Retail Navigator Analysis
Topps Group (Overview)
Topps Tiles completes the acquisition of the CTD Tiles brands, as well as 30 of its stores, selected stock and all its intellectual property out of administration for £9m. The move provides “opportunity to make a meaningful entry into the housebuilder segment”.
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News
Topps Tiles has completed acquisition of CTD Tiles out of administration
Topps Tiles has today completed the acquisition of the brand and “certain assets” of CTD Tiles out of administration.
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News
Topps Tiles suffers sales fall amid ‘challenging’ market
Specialist retailer Topps Tiles has reported a fall in quarterly sales but maintains it is outperforming the market.
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News
Topps Tiles to launch app and new loyalty scheme
Topps Tiles is to launch an app and new loyalty benefits to encourage spend from trade professionals.
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News
Topps Tiles unveils ‘Mission 365’ growth strategy amid sales drop
Topps Tiles has introduced a new growth strategy over the medium term as it posts a fall in profit and sales.
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News
Ex-Topps Tiles boss joins Tile Choice as CEO
Ex-Topps Tiles boss Matt Williams has joined Tile Choice as its new CEO.
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News
Topps Tiles posts fall in sales
Topps Tiles has posted a decline in sales and profit which the retailer says has been affected by a “weaker market”.
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News
Topps Tiles sales slip due to ‘ongoing challenges’
Topps Tiles has posted a dip in sales in its first quarter due to “ongoing challenges to discretionary consumer spending” as the cost-of-living crisis continues to take its toll.
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News
Topps Tiles escalates market share while profits dip
Topps Tiles has posted a boom in sales for the full year and confirmed it has achieved its market share goal “two years ahead of schedule,” with cost inflation taking its toll.
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News
Topps Tiles sales soar in ‘record’ year
Topps Tiles has posted an increase in sales and said it expects adjusted profit before tax to be “in line with market expectations” as it hailed another “record” year.
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News
Topps Tiles delivers ‘robust’ trading as quarterly sales rise
Topps Tiles has reported “strong” trading in its third quarter and expects interim profits to rise.
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News
Topps Tiles delivers record sales driven by omnichannel model
Topps Tiles has delivered record results as average sales per store increased by 30% compared with 2019, driven by “nationwide store coverage, world-class customer service and strong omnichannel capability”.
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Interview
Topps man: How Topps Tiles CEO Rob Parker is laying groundwork for decades of success
Topps Tiles celebrates its 60th anniversary this year and sales are as sparkling as a newly installed shower wall.
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News
Topps Tiles hails omnichannel model after delivering record sales
Topps Tiles has said it is now the UK’s “clear market leader” in its category after delivering a record period in the first half of its financial year.
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Opinion
‘Does Tile Giant administration signal the end of the DIY boom?’
After a phenomenally busy period when everybody became Handy Andy or Andrea and painted the walls rather than climbed them during the depressing days of lockdowns, things are looking trickier as the consumer mentality shifts from DIY to done-IY.