Powered by

Topps Tiles courts trade customers as DIY trend flags

Jan 10, 2019 - The Daily Telegraph (London)
Mergers and Acquisitions

TOPPS Tiles has hailed progress in its commercial arm as it looks to sell more products to businesses and trade customers to make up for retail shoppers turning their backs on DIY.

The retailer yesterday reported a 1.4pc fall in its first-quarter like-for-like sales compared with the year before, but said that it expects its Parkside division to become profitable by 2020. Parkside, which it bought in 2017, supplies businesses such as restaurants and hair salons with tiles. It made a loss o...