Housing market boom helps to boosts demand at Topps Tiles

 
Kasmira Jefford
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TOPPS Tiles yesterday posted a jump in third quarter sales, helped by a buoyant housing market pushing more Britons into upgrading their homes.

The tiling specialist, which runs 330 UK stores, said like-for-like revenues rose by 6.3 per cent in the 13 weeks to 28 June compared with a drop of 1.5 per cent in the same period last year.

Chief executive Matthew Williams said upbeat shoppers as well as its focus on expanding its multi-channel business and product range helped Topps “to grow ahead of the overall tile market”.

He added: “We remain optimistic about trading conditions for the remainder of the year.”

The retailer has opened three smaller boutique stores on the high street in London, aimed at DIY amateurs rather than trade customers. The group said these were performing well and that it planned to trial a further two stores in second half of the year.

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