Topps Tiles Hit by Heat and Costs | Leicester News

Topps Tiles is sweating through a rough patch, hitting a six-and-a-half-million-pound profit forecast—down from last year’s nine million—as scorching heatwaves ground tradespeople to a halt and shoppers flock to cheaper alternatives. CEO Alex Jensen admits the economic climate’s tough, but insists they’re outperforming the market long-term. To weather the storm, they’ve slashed costs, shuttered stores, sold off acquired outlets to appease regulators, and absorbed the Fired Earth brand—leading to job cuts and closures. Shares took a hit, but the company’s still betting on future growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/852730a254e77fdf