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Thursday, April 22, 2021

Topps Tiles plans a “sharp” increase in sales after the lockout is lifted

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For the latest lockdown, the company’s stores were only able to offer click and collect for retail customers, without browsing, while business customers had limited branch access.

Topps Tiles said it had a strong first quarter, with strong product demand, buyers embracing DIY projects and, like it, retail sales jumped 19.9%.

But the second quarter was hit by foreclosure restrictions, and comparable sales fell 17.3%.

“Non-essential” retailers are expected to welcome customers back to stores from April 12.


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