Carpetright
This coverage focuses on Carpetright’s activities and performance within the UK retail sector. Reporting highlights store openings and closures, product range developments, marketing strategies, restructuring efforts, and leadership changes — all analysed for their impact on sales, market position, and customer engagement. The content is designed for retail professionals overseeing operations, merchandising, and strategic planning in the flooring and home improvement categories.
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Mar- 2021 -31 MarchHigh Street
Carpetright owner acquires Carpet and Flooring
Nestware Holdings Limited (NHL) has announced it has acquired Carpet and Flooring (C&F) for an undisclosed sum. NFL, which is part of Meditor Holdings Limited also owns a number of flooring businesses including Carpetright and FlooringSupplies.co.uk, an ecommerce flooring business. C&F was established in 1992, it distributes floor covering products…
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Jan- 2020 -24 JanuaryComment
Why retailers need to take sonic branding seriously
Retail is undergoing something of a paradigm shift. This is a sector that faces unprecedented challenges as it adapts to the ever-changing shopping habits of consumers. Last week’s ONS data revealed that UK retail sales fell in December by 0.6%, making it the fifth consecutive month in which retail sales…
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Nov- 2019 -15 NovemberHigh Street
Carpetright acquired by Meditor
Carpetright has been acquired by its largest investor Meditor Holdings Limited (MHL), in deal which values the retailer at £15.2m. The retailer announced that MHL will acquire the entire issued and to be issued share capital of Carpetright, which is not already owned by the investment management company, and shareholders…
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Oct- 2019 -31 OctoberHigh Street
Carpetright in talks with largest investor Meditor over potential sale
Carpetright has announced it is in talks with its largest investor Meditor over a potential sale of the business, as it seeks a way to pay its debt facilities. Meditor, which currently has a 30% stake in the business has made an offer of 5p per share for the business,…
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Aug- 2019 -27 AugustHigh Street
Carpetright debt absorbed by shareholder
Carpetright shareholder Meditor is set to absorb the retailer’s £40.7m revolving credit facility, purchasing it from lenders Natwest and Ulster Bank. The private investment company controlled by former Old Mutual fund manager Talal Shakerchi said it plans to engage with Carpetright to provide “longer-term, stable funding”. Meditor has said it…
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22 AugustPeople Moves
Ted Baker CFO departs for Mulberry after 17 years
Mulberry, the British luxury brand, has announced the appointment of Charles Anderson to the Company’s board of directors as group finance director, with effect from early October 2019. Anderson replaces Neil Ritchie who, as previously announced, stepped down from the board on 30 June 2019. Anderson has over 20 years’…
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Jun- 2019 -25 JuneDIY
Carpetright restructure bears fruit amid return to sales growth
Carpetright has reported its business turnaround is “on track” amid an “encouraging return to positive like-for-like sales growth”. The carpet retailer revealed in a trading update for the year ending 27 April 2019, that despite a “challenging first half” with group like-for-like revenues down 12.7%, UK like-for-like sales in the…
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May- 2019 -2 MayEconomy
Increase in redeveloped units set to ‘reimagine’ retail
The number of units that were structurally changed or redeveloped (demolished, merged, split or converted for another use such as residential or logistics) increased by 32% in 2018 as landlords and place managers work to “reimagine requirements” for bricks-and-mortar retailing. A new report released by retail location insight business, Local…
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Feb- 2019 -5 FebruaryHigh Street
Carpetright CFO to step down as sales fall
Carpetright has reported its like-for-like sales “remained negative” during the 13 week period ending 26 January and also revealed its CFO is to leave the company. In the trading update Carpetright said that “as anticipated” its UK like-for-like sales remained negative for the period, although the trend improved from that…
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Jan- 2019 -18 JanuaryAnalysis
Fall of the high street — can retailers survive?
The UK’s high streets are under attack. From the continued rise of online shopping, which has led to a reduction in footfall, to increases in business rates and the Living Wage, Britain’s retailers are struggling. The decline of the British high street has dominated the headlines in 2018 with in…
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