Carpetright bullish on future
'We have seen our principal nationwide competitor, Allied Carpets, enter into administration and significantly reduce its number of stores. We are securing more insurance business each week and have secured contracts to supply a number of house builders,' chairman and chief executive Lord Harris said.
'We have a central warehouse and cutting facility, which has the capacity to significantly increase volumes at minimal additional costs. Finally, the mortgage approval data is providing an indicator that the market will be stronger in the Spring of next year,' he added.
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