Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Carpetright reports lowest profits since 1992 Wednesday, 27th June 2012
Carpetright has reported their lowest profits since 1992 according to founder Lord Harris of Peckham.
A stagnant housing market and weak consumer confidence have led to Carpetright’s underlying profits falling 76 per cent to £4 million.
The company closed 49 shops in total, leaving it with 490 in the UK.