Topps Tiles
This coverage focuses on Topps Tiles’ operations and strategy within the UK retail market, highlighting store performance, product development, marketing campaigns, leadership changes, and financial results. Reporting offers insights for professionals monitoring the home improvement and specialist retail sectors, with attention to competitive positioning and operational execution.
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Jul- 2025 -2 JulyDIY
Topps Tiles Q3 sales jump 10% amid boost in trade customers
Topps Tiles has revealed that its group adjusted sales increased 10.1% in the third quarter of the year, up 4.1% compared with H1 and 6.1% higher year-on-year. The tile retailer said its sales trajectory has improved across all divisions in the group, with Topps Tiles, Parkside and Online Pure Play…
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May- 2025 -20 MayDIY
Topps Tiles sees interim HY sales and profits boost
Topps Tiles has seen its interim sales and profits improve over the 26-week period ending 29 March 2025, amid “good progress” in its five key growth areas. It reported that adjusted sales increased 4.1% to £127.8m, with an improving trend across the first and second quarters. Adjusted gross profit was…
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Apr- 2025 -2 AprilNews-In-Brief
Today’s news in brief-2/4/25
Topps Tiles reported a 4% rise in half-year sales to £127.7m, with underlying growth accelerating to 4.4% in Q2. Trade sales surged 12%, supported by an 11% increase in active traders. However, the retailer warned that National Living Wage and National Insurance hikes will add £4m to annual costs from…
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2 AprilDIY
Topps Tiles HY sales jump 4% to £127.7m
Topps Tiles has revealed that its group sales rose 4% to £127.7m for the 26 weeks ended 29 March 2025. Furthermore, it saw underlying sales growth in the second quarter of 4.4% after adjusting for the timing of holiday periods, up from 3.3% underlying growth in the first quarter. Underlying…
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Mar- 2025 -4 MarchNews-In-Brief
Today’s news in brief-4/3/25
The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies offered to divest stores in Aberdeen, Inverness, Edinburgh, and Dorking to address competition concerns. The CMA had initially warned that the merger could reduce market competition, prompting an in-depth investigation.…
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4 MarchDIY
CMA nears approval for Topps Tiles’ acquisition of CTD Tiles
The Competition and Markets Authority (CMA) has confirmed it is nearing a green light for Topps Tiles’ £9m acquisition of CTD Tiles. Following an investigation amid competition concerns, the CMA said both groups had offered to divest tile stores in Aberdeen, Inverness, Edinburgh and Dorking. In light of this it…
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Jan- 2025 -8 JanuaryNews-In-Brief
Today’s news in brief-8/1/25
Home Bargains owner Tom Morris took home over £1bn in dividends as the discount retailer saw turnover rise 11.7% to £4.2bn in the year ending June 2024, driven by new store openings and re-sites. Operating profit also surged 34.2% to £434m. Morris, owning 98% of parent company TJ Morris, received…
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8 JanuaryDIY
Topps Tiles CEO to step down as sales return to growth
Topps Tiles has announced that CEO Rob Parker will retire from the business after 18 years as sales returned to growth in the early weeks of the new financial year. Parker joined the retailer in 2007 and served as CFO for 12 years before becoming CEO in 2019. He will…
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Dec- 2024 -2 DecemberDIY
Topps Tiles defends strategy after major shareholder criticism
Topps Tiles has defended its performance and strategy following criticism from a major shareholder, who accused the tile retailer of showing a “complete failure” after sales and profits fell in its full-year results.According to The Times, Topps Tiles’ largest shareholder, Austrian investor MS Galleon, is calling for an overhaul of…
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Oct- 2024 -3 OctoberNews-In-Brief
Today’s news in brief-3/10/24
Tesco has reported a robust first half of the financial year, marked by increased sales and profits, prompting an upward revision of its full-year guidance. The supermarket giant achieved a 10% rise in retail operating profits to £1.56bn, with statutory operating profits climbing 13% to £1.6bn. This growth was supported…
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