Troubled retailer Carpetright has said UK sales remain under pressure as uncertainty continues to affect shopper confidence. Troubled retailer Carpetright has said UK sales remain under pressure as uncertainty continues to affect shopper confidence. The group confirmed UK like-for-like sales fell once more in the 13 weeks to January 26, although it said trading had improved since the first half, when sales tumbled 12.7%. Carpetright said: “Trading patterns have remained volatile week to week, against a backdrop of uncertainty and weak consumer confidence.”Its European operations have fared better, with the group saying trading has been “consistently” ahead of a year earlier, driven by robust trading in the Netherlands. Carpetright made a loss before tax of £11.7 million in the 26 weeks to October 27.
Source: Irish Independent February 05, 2019 08:50 UTC