Carpetright benefits from cold weather

Kasmira Jefford
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CARPETRIGHT yesterday posted a rise in fourth quarter sales thanks to the cold weather in March, which it said encouraged Britons to stay inside and spruce up their homes.

Darren Shapland, the flooring specialist’s chief executive, said the cold spring weather “has been positive to our sales”, with people spending more for “inside rather than the outside of their homes”.

Total sales rose by 4.4 per cent in the 12 weeks ended 20 April, while like-for-like sales – which strips out the impact of new stores – rose by 5.6 per cent.

Shapland said the company’s growth had also been boosted by a raft of self-help initiatives including refurbishing its stores and expanding its laminate floor and its bed ranges.

Sales of beds rose 20 per cent in the quarter thanks to improved ranges and more competitive prices, Shapland said.

Carpetright has revamped 180 of its 477 stores, with another 125 planned for this year.

The company said like-for-like sales in Europe fell 10.2 per cent as tough market conditions in the Netherlands offset a solid performance at stores in Ireland and Belgium.