DCSIMG

Chain is floored by results

Carpetright rolled out another improvement in sales as its turnaround strategy of store refits and expanded ranges continues to pay off.

With 122 of its 476 stores now modernised, the floor coverings retailer, which has branches at the Pompey Centre and Ocean Retail Park in Portsmouth, as well as in Havant, Waterlooville and Locks Heath, said like-for-like sales were 3.2 per cent higher in the UK in the 13 weeks to January 26.

This was faster than the rate of 0.7 per cent seen over the previous half-year, although Carpetright’s progress in the UK has been offset by worse trading in the rest of Europe, where like-for-like sales were down 11.5 per cent.

As the company enters the peak spring season for home improvements and house moves, recently-appointed chief executive Darren Shapland said the company was on track to meet profit expectations for the year.

 

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