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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…
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