Carpetright

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.…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

Carnage on the shop floor

The pressure on the retail sector has been a consistent staple for investors since the end of the financial crisis,…

Read More »

Why the profit warning from ASOS has added to the retail gloom

Retailers are hoping for a busy New Year period following a very tough year of trading. Much of the current…

Read More »