THE RETAIL BULLETIN - The home of retail news
HOME
Retail News
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Sports & Leisure
Food & Drink
CONFERENCES
KNOWLEDGE CENTRE
PARTNER DATABASE
ABOUT US
SUBSCRIBE

RETAIL NEWS

Carpetright enjoys strong Christmas trading

Carpetright has reported strong trading over the festive period with like-for-like sales in the UK up 6% in the four weeks to 23 January.

RETAIL NEWS

Carpetright enjoys strong Christmas trading

The results mean that sales in the twelve weeks to 23 January rose by 2.4% on a like-for-like basis. Total sales declined by 1.3%.

In local currency terms, like-for-like sales in Carpetright’s Rest of Europe business, which includes the Netherlands, Belgium and the Republic of Ireland, increased by 4.2% in the 12 week period. Total sales edged up 4.4% but after the impact of currency movements this translated to a 2.7% fall.

Carpetright chief executive Wilf Walsh said: "In the UK, we delivered our ninth consecutive quarter of like-for-like sales growth. While we saw some softening of like-for-likes in the pre-Christmas period, reflecting lower footfall, customer numbers recovered in the important January sale period.

“Our trading performance over the last four weeks, with like-for-like growth of 6% against exceptionally strong prior year comparatives, gives us confidence that the enhanced interest free credit offer and strong promotions launched on Boxing Day are hitting the spot with our customers.

“Like-for-like sales growth in our Rest of Europe business was better than expected as consumer spending continued to recover, particularly in the Netherlands and the Republic of Ireland."

 

Email this article to a friend

You need to be logged in to use this feature.

Subscribe for retail news

CONFERENCES