Carpetright: Difference between revisions
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[[File:Rushmere (06), August 2009.JPG|right|thumb|250px|Carpetright |
[[File:Rushmere (06), August 2009.JPG|right|thumb|250px|Carpetright, Craigavon, Northern Ireland (2009)]] |
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'''Carpetright plc''' is one of the largest [[United Kingdom|British]] retailers of floor coverings. The company is listed on the [[London Stock Exchange]]. |
'''Carpetright plc''' is one of the largest [[United Kingdom|British]] retailers of floor coverings. The company is listed on the [[London Stock Exchange]]. |
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In December 2008, the company acquired some Sleepright UK stores.<ref>[http://www.growthbusiness.co.uk/deal-update/820712/carpetright-snaps-up-sleepright.thtml Carpetright snaps up Sleepright]</ref> |
In December 2008, the company acquired some Sleepright UK stores.<ref>[http://www.growthbusiness.co.uk/deal-update/820712/carpetright-snaps-up-sleepright.thtml Carpetright snaps up Sleepright]</ref> |
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[[File:Carpet Right - Crown Point Retail Park - geograph.org.uk - 1145713.jpg|thumbnail|Leeds]] |
[[File:Carpet Right - Crown Point Retail Park - geograph.org.uk - 1145713.jpg|thumbnail|Carpetright, Leeds (2009)]] |
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==Operations== |
==Operations== |
Revision as of 08:31, 2 May 2015
File:Carpetrightlogo.PNG | |
Company type | Public |
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LSE: CPR | |
Industry | Retail |
Founded | 1988 |
Headquarters | Purfleet, Essex |
Number of locations | 470 + |
Key people | Lord Harris of Peckham, (Chairman) Wilf Walsh, (Chief Executive) |
Products | Carpets |
Revenue | £471.5 million (2012)[1] |
£8.0 million (2012)[1] | |
£11.0 million (2012)[1] | |
Owner | Cascade Investment (3%) |
Website | www |
Carpetright plc is one of the largest British retailers of floor coverings. The company is listed on the London Stock Exchange.
History
The company was established by Lord Harris of Peckham in 1988, when he opened the first store in Canning Town.[2] In 1993, it was first listed on the London Stock Exchange. In January 1999, it bought selected Carpetland stores and Allied Carpets stores.[2] In August 2002, it acquired its first operations in Continental Europe, and in August 2005, it acquired May's World of Carpets.[2]
In May 2008, Cascade Investments LLC, Bill Gates's investment vehicle, acquired a 3% stake in the Company.[3]
In December 2008, the company acquired some Sleepright UK stores.[4]
Operations
The company now has circa 703 stores.[5] It has expanded into Belgium, the Netherlands and the Republic of Ireland. Its products include a wide variety of beds, mattresses, carpets, laminate flooring, vinyl flooring and rugs.