Downpours lift Carpetright
Wednesday 25 July 2012
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."
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