THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
Omnichannel Futures Conference 2020
Online Conversion Summit 2020
Future of Retail Marketing 2020
The HR Summit 2020
AI in Retail Conference 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Topps Tiles first quarter sales up 3.4%

Tile retailer Topps Tiles has made an “encouraging” start to its financial year with like-for-like sales increasing by 3.4%. This compares to growth of 0.3% in… View Article

HOME & DIY

Topps Tiles first quarter sales up 3.4%

Tile retailer Topps Tiles has made an “encouraging” start to its financial year with like-for-like sales increasing by 3.4%.

This compares to growth of 0.3% in the same period in the previous year.

Matthew Williams, Topps Tiles chief executive, said: “The group has made an encouraging start to the new financial year with like-for-like sales in Q1 up by 3.4%. We believe this represents an outperformance of the overall tile market in the period, reflecting the continued success of our strategy of “Out-specialising the Specialists” and some further measured investment in both our trade and retail offer during the period.”

As it works on its growth strategy for its core domestic business, the company is also pushing forward with the development of a new division targeting the commercial tile market.

Building on its acquisition of Parkside Ceramics in September 2017, the Parkside commercial offer was launched at the 100% Design trade show in October and the first commercial showroom opened in Chelsea in December.

Williams added: “Our expansion into the commercial market is also progressing to plan, with the first investments made in the Parkside business adding new capabilities and resource. While we are pleased with the like-for-like sales growth achieved in Q1, we are retaining our prudent view of market conditions for the year ahead.”

Topps Tiles operates 371 stores nationwide.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Online Conversion Summit 2020
Online Conversion Summit 2020
April 30 2020
The Hallam Conference Centre, London W1W 6JJ
The Retail Bulletin Online Conversion Summit 2020 Partnered by IMRG
Future of Retail Marketing 2020
Future of Retail Marketing 2020
9 June 2020
Hallam Conference Centre, 44 Hallam St, London W1W 6JJ
The Future of Retail Marketing for Customer Engagement
The HR Summit 2020
The HR Summit 2020
1 October 2020
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2020
AI in Retail Conference 2020
14 October 2020
Hallam Conference Center, 44 Hallam Street, London W1W 6JJ
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY