Downpours lift Carpetright

Click to follow
The Independent Online

Carpetright yesterday became one of the few retailers to praise the rain, saying it had brought in customers looking for flooring and a new bed.

In the 12 weeks to 21 July like-for-like sales at the troubled company were up 1.7 per cent, though overall sales slipped a bit due to store closures.

Carpetright, which has issued a raft of profit warnings over the past two years, has been hard hit because of a stagnant housing market and because carpets are a deferrable purchase. But the move into the bed business has proved a success.

The chief executive Darren Shapland said: "This period does include some benefit from the unusually wet weather, which has produced consistently positive customer footfall to our stores."