Topps Tiles Closes Stores, Boosts Profit
Leicester News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Topps Tiles, a UK-based tile retailer, is closing 23 stores to cut costs and improve profitability amid a challenging home improvement market and rising expenses. The company, which recently acquired rival CTD Tiles and Fired Earth brand, reported an 8.3 million pound pre-tax profit after a 16.2 million pound loss last year. Despite a slight sales drop, Topps Tiles is optimistic about its future and plans to strengthen its position in the market.
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