Carpet retailer ‘committed’ to its business in Ireland

CARPETRIGHT — the British owned carpet and floor covering retailer — has said it remains committed to its business in Ireland, but will continue to review operations here following a challenging first quarter.

The first three months of the company’s financial year — up to the end of July — saw a year-on-year decline of 2.5% in group sales, with the closure of the company’s operations in Poland accounting for a significant part of that.

“We remain cautious about the outlook for consumer spending for the balance of the year and, as a consequence, continue to manage the business by exerting tight control over all costs, capital expenditure, stock and cashflow,” said company’s chairman and chief executive, Lord Harris of Peckham.