Episode
Topps Tiles Hit by Heat and Costs | Leicester News
- Published
- Jul 1, 2026
- Duration seconds
- 93
- Processing state
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Summary
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