Property Pulls Rug On Carpet Firm Sales

Daily MailMay 01, 2008

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Summary


THE slowdown in the housing market has claimed another casualty - Britain's largest carpet and flooring retailer, Carpetright.

Underlying sales fell 1.8pc for the last six months, as customers worried by declining property prices and a mortgage drought held onto their homes and stuck with their old carpets.

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Extract


Property Pulls Rug On Carpet Firm Sales

This comes amid a wider malaise on the high street.

Latest figures show the retail turmoil ha...

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