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Topps Tiles’ Boutique arm to expand

 Topps-Tiles-boutique-store-frontage-THUMBTopps Tiles is planning to double store numbers in its new Boutique division following a successful trial.

The retailer said it wanted to open between 10 and 12 Boutique shops in the current financial year, including a cluster in the North West of England.

The expansion follows the trial of five of them in and around London experiencing a “halo effect” of above- trend sales improvements.

Meanwhile, across the Topps Tiles group over the past year, 16 new stores opened and nine were closed, resulting in a net increase of seven stores to bring the total at year end to 335.

In the year to 27 September, revenue increased to £195.2m from £177.8m the previous year. The company posted a pretax profit of 16.7m up from £10.6m.

joanna.bourke@estatesgazette.com

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