Latest News: carpetright
July 23, 2024 7:20 am
Published by Angela Beevers
The majority of Carpetright stores are to close with more 1,000 workers losing their jobs following the announcement that rival Tapi Carpets & Floors has acquired... View Article
July 12, 2024 3:54 pm
Published by Natalie Fresen
Carpetright has filed a notice of intention to appoint administrators, a move that could lead to significant job losses and store closures. This decision comes amidst... View Article
May 8, 2024 6:44 am
Published by Angela Beevers
Carpetright is to make a 25% reduction in the number of jobs across its central support centre and field management teams. With the restructuring expected to... View Article
July 6, 2023 8:43 am
Published by Angela Beevers
UK Flooring Direct has been acquired by Keswick Flooring, a subsidiary of Nestware Holdings, from administrator Teneo Financial Advisory. The move has saved 85 jobs at... View Article
March 31, 2021 7:46 am
Published by Angela Beevers
Meditor Group’s Nestware Holdings has completed the acquisition of Carpet & Flooring, one of the UK’s largest distributors of floor covering products and accessories. Established in... View Article
November 15, 2019 10:49 am
Published by Angela Beevers
Carpetright has agreed the terms of a takeover by its biggest shareholder Meditor. In a statement, the carpet and flooring retailer said the deal would see... View Article
August 27, 2019 8:52 am
Published by Angela Beevers
Carpetright has announced that shareholder Meditor has agreed to buy its revolving credit facility from lenders NatWest and AIB. The terms of the £40.7 million facility... View Article
June 25, 2019 9:51 am
Published by Angela Beevers
Carpetright has seen its losses narrow in the year 27 April as it makes a return to sales growth. The retailer made a pre-tax loss of... View Article