Carpetright

Carpetright swings to £11.7m loss in H1 results

Embattled retailer Carpetright has reported losses before tax of £11.7m for 26 weeks ending 27 October 2018, compared with the…

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Carpetright announces HY trading to be ‘heavily impacted’ by restructuring

Carpetright has said trading in its half-year update for the 26-week period ending 27 October was “heavily impacted” by the…

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What is an administration pre-pack, and how might it affect retail suppliers?

2018 has been a difficult year for retailers: East, Maplin, New Look, Carpetright, Carphone Warehouse, Poundworld, Mothercare, Toys ‘R’ Us,…

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Carpetright woes as CVA activity results in £70.5m loss

Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…

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Carpetright secures 92% of £60m CVA funds

Embattled retailer Carpetright has managed to secure the majority of the £60m funding it needs to fund its company voluntary…

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Carpetright to issue shares to raise £60m fund ahead of CVA

Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…

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Northern Ireland suffers most from UK retail struggles

Northern Ireland is suffering the worst of retail’s bad weather, showing a 7.3% drop in footfall and a retail space…

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43,000 retailers in ‘financial distress’

Nearly 43,000 retailers ended the first quarter of the year in a state of ‘significant’ financial distress, according to research…

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Carpetright expects £9m profit drop

Carpetright has warned pre-tax profits will fall £9m for the year ending 28 April 2018. According to the carpet retailer…

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650 retail stores have closed in 2018 so far

Nearly 650 retail stores and restaurants have shut or are at risk of closure since the start of 2018. According…

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