20 April 2024, 11:44
By Furniture News Jan 31, 2017

Carpetright returns to quarterly sales growth

Carpetright has announced an update on trading for the 13 weeks ended 28th January 2017, highlighting a return to quarterly sales growth in the UK, where LFL sales for the four weeks to 28th January 2016 were up 6.8%, and LFL sales for the entire period up 1.9%.

120 stores are now trading under the new brand identity, delivering sales growth above comparable stores in the rest of the estate. The retailer says it is on track to achieve 150 stores by the end of April, in line with its accelerated refurbishment plan.

During the period, one new store opened, one relocated and three closed, giving a net reduction of two stores and leaving a total of 427 trading locations. Two new stores are scheduled to open in the next quarter, in Leeds (Birstall) and Bath.

Wilf Walsh, chief executive, comments: “Whilst the outlook for the UK consumer remains uncertain, we remain confident in our plan and are comfortable with the current range of market expectations.”
 

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