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' strategy pays off with sales up 6.2% in third quarter

Topps Tiles has reported that its like-for-like sales increased by 6.2% in its third quarter as it continued to make good progress with its strategy of "Out-Specialising the Specialists".

GENERAL MERCHANDISE

Topps Tiles' strategy pays off with sales up 6.2% in third quarter

Topps Tiles has reported that its like-for-like sales increased by 6.2% in its third quarter as it continued to make good progress with its strategy of "Out-Specialising the Specialists".

During the 13 weeks to 2 July, the tile retailer launched several new lines which accounted for 8.8% of the period’s total sales.

It also launched a new service that enables customers to create a bespoke digital brochure with content specific to the rooms and designs that interest them. The retailer said the customer response had been strong with around 1,000 personalised brochures being created every week.

Matthew Williams, Topps Tiles chief executive, said: "Our focus on the successful strategy of 'Out Specialising the Specialists' has enabled us to deliver healthy like-for-like sales growth of 6.2% in the third quarter, with initiatives to extend the appeal of the Topps brand continuing to attract new customers. While it is currently too early to ascertain the implications of the result of the UK referendum, we remain confident in the longer term outlook for our business and in our ability to outperform the market."

Topps tiles opened six new stores during the quarter. The group is currently trading from 348 stores including 15 smaller, boutique stores.

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