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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May- 2020 -19 MayHigh Street
Topps Tiles reports losses of £4m in half-year results
Topps Tiles has reported pre-tax losses of £4m for the half-year period ended 28 March, down from the profits of £5.2m it made during the same period in 2019. First half like-for-like sales declined by 6.1%. Excluding week 26, when all stores were closed due to Covid-19, like-for-like sales decreased…
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Jan- 2020 -8 JanuaryHigh Street
Topps Tiles sales slump in first-quarter results
Topps Tiles has reported a 5.4% decrease in like-for-like retail revenues for the first 13 week period ended 28 December 2019. Revenues across the first eight weeks of the quarter decreased by 7.2%, however, during the final five weeks of the period the retailer said performance improved “significantly”, with the…
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Nov- 2019 -26 NovemberDIY
Topps Tiles warns of ‘heightened economic uncertainty’ as sales slump
Topps Tiles has reported a 7.2% decrease in like-for-like revenues for the first eight weeks of its new financial year, due to “heightened political and economic uncertainty”. The DIY retailer warned that it has seen “weakened” consumer demand since the UK general election was called in late October, and comes…
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5 NovemberPeople Moves
Topps Tiles CEO to exit
Matt Williams, group CEO of tile retailer Topps Tiles, has announced his decision to step down from the group’s board, effective 29 November 2019. Rob Parker, currently chief financial officer, will be appointed as group CEO effective from the same date. According to the retailer, to ensure a “smooth handover”…
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Apr- 2019 -3 AprilDIY
Topps Tiles paves way to recovery after 2018 profit fall
Topps Tiles has announced it has seen its revenues remain flat for the six months leading up to 30 March 2019, as it looks to recover from a profit fall in 2018. When announcing its first half results in November 2018, the tile retailer said it was stockpiling supplies ahead…
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Jul- 2018 -4 JulyHigh Street
Topps Tiles to continue ‘tight cost control’ after Q3 sales dip
Topps Tiles has posted a further decrease in sales for the 13 weeks ending 1 July 2018, and said it plans to continue “tight cost control” in the face of a “weaker consumer environment”. In a Q3 update the tiling retailer reported a 2.3% decrease in like-for-like sales over the…
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May- 2018 -22 MayDIY
Topps Tiles see profits crack by almost 33%
Topps Tiles has seen a 32.6% drop in pre-tax profits, falling from £9.5m to £6.4m. The firm did see revenue growth in the six months ending on March 31 by 3.7% up to £110.5m from £106.6m. In a recent attempt to pull in more customers the retailer ran several sales…
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