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June 24, 2017

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British retailer Carpetright posts small sales increase in 2nd quarter at 0.6%

LONDON--Carpetright, Britain's biggest floor covering retailer, posted a small rise in underlying second quarter sales at its core UK business, as the rollout of store refurbishments and its laminate and bed ranges helped boost trading.

The group on Tuesday said sales at British stores open for more than a year rose by 0.6 percent in the 12 weeks to Oct. 13, its fiscal second quarter, compared with a 1.7 percent rise in the first quarter of the year. Total sales in the UK fell by 0.6 percent due to a year-on-year reduction in store numbers.

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