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
Future of Retail Marketing 2020
Omnichannel Transformations 2020
The HR Summit 2020
The Future Of AI in Retail Conference 2020
Omnichannel Futures Conference 2021
The Omnichannel Journey
Optimizing Workforce Management
ABOUT
CONTACT
SUBSCRIBE FOR FREE
United Carpets gives Covid-19 update

United Carpets has said it is unable to provide guidance on the outcome for both its current and next financial year due to uncertainty surrounding the… View Article

HOME & DIY

United Carpets gives Covid-19 update

United Carpets has said it is unable to provide guidance on the outcome for both its current and next financial year due to uncertainty surrounding the coronavirus crisis.

In line with new rules introduced by the government to slow the spread of the Covid-19 pandemic, the retailer has closed all of its 58 stores and enabled staff who can perform their roles remotely to work from home. In addition, it is no longer fulfilling carpet orders until the government’s guidance on non-essential travel is lifted.

The retailer said trading across its store network held up comparatively well during early March, but that the temporary store closures will have a “significant and immediate” impact on revenue.

In a statement, it added: “The group is currently working through the government’s range of Covid-19 related, financial assistance packages and will utilise those elements which are beneficial to the business. While this extraordinary period continues the board will manage the business on a prudent and conservative basis.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News