THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
The Papers
Retail Solutions
Food & Drink
Interviews
Property
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Topps Tiles reports improved second quarter trading

Topps Tiles saw its like-for-like sales edge up 0.2% in the first half of its financial year following improved trading in its second quarter.

HOME & DIY

Topps Tiles reports improved second quarter trading

Topps Tiles saw its like-for-like sales edge up 0.2% in the first half of its financial year following improved trading in its second quarter.

In the 26 weeks to 30 March, revenue was £108.8 million compared to £109.4 million in the same period in the previous year.

The retailer said trading over the second quarter had improved from the first quarter with like-for-like sales increasing by 1.8%.

Topps is currently working through its "Leading Product" strategy which focuses on product differentiation and innovation. This has led it to launch 20 new ranges so far this year, including a porcelain tile range that has been developed specifically for outdoor use.

The retailer is also building a commercial division aimed at architects and designers, and has opened a flagship design studio in London’s Clerkenwell.

Matthew Williams, Topps Tiles chief executive, said: "Developing and reinforcing our specialism in tiles is at the heart of our growth strategy. I am encouraged by our overall performance in the first half and believe the successful execution of this strategy is enabling us to outperform the overall tile market. Our commercial business is growing at pace and we remain open to opportunities to accelerate its expansion."

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

Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Conference
The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
The 11th HR Summit 2019, Hallam Conference Centre, 44 Hallam St, Marylebone, London W1W 6JJ
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy