Carpetright closes fiscal year positively | RetailDetail

Carpetright closes fiscal year positively

Carpetright closes fiscal year positively

British Carpetright has closed its fiscal year 2014/2015 positively, as turnover and its operating income grew, in the Netherlands and Belgium and for the entire group. The chain is also working on a new store formula.

"Positive turning point"

Turnover for the entire group grew 3.3 % to 462.6 million pounds (650 million euro), although the turnover increase was a mere 1.2 % for the Netherlands and 2.2 % for Belgium. The Dutch operating income grew 159.3 % compared to the year before, up to 1.3 million euro. Belgium does even better with a 251.7 % increase to 1 million euro. The group's operating income doubled to 14.6 million pounds (20.5 million euro). Carpetright has not divulged any additional numbers.


"I am very happy we have managed to reach this positive turning point this year. We have worked very hard, both at the main office and in our stores, to reach this goal. [...] Alongside new developments in our store formula makes me feel very positive for the new fiscal year", Nick Worthington (Carpetright Europe's CEO) said.


As stated, Carpetright is developing a new store formula with an increased focus on pricing and service. The first 4 pilot stores will open in the United Kingdom, with the very first having opened this past weekend. It also recently launched new product groups: Curtains and Window decoration.


It has also invested more into its staff: it will add a training academy in its main office, training staff in the area of products, service and customer relations.


Questions or comments? Please feel free to contact the editors

Considerably lower profit for DIY giant Kingfisher


British DIY chain Kingfisher’s net profit dropped more than 20 % in the past fiscal year because of a restructuring plan in its native land and weak French sales. attracts 45 million euro


Online furniture shop has attracted 45 million euro in a new investment round, which will be used to strengthen its position in current markets and to expand to new European markets. 

Ikea will "invest billions" to stay ahead of Amazon & co


In the next few years, Ikea aims to spend billions to “be as close as possible to the consumer” and to stay ahead of pure players like Amazon, according to new Chief Financial Officer Juvencio Maeztu.

Maisons du Monde surpasses 1 billion euro in turnover and targets UK


Maisons du Monde has broken through the 1 billion euro barrier in 2017. The French furniture chain continues its sturdy growth, also in the United Kingdom, but still adjusted its full-year forecast downward.

Ikea shows its store of the future


Ikea, in collaboration with Accenture, presented its store formula of the future at the Mobile World Congress. It was remarkable to see that it is a small inner-city store with (obviously) a lot of technology.

New leadership for Blokker Holding


On 6 February, Abel Slippens stepped down as chairman and member of the Board of Commissioners for Blokker Holding. Michiel Witteveen, who has plenty of retail experience, has succeeded him.

Back to top