Carpetright Jobs Saved as Tapi Carpets & Floors Steps In

Monday, 22 July 2024, 10:33

Tapi Carpets & Floors is set to acquire the Carpetright brand along with 54 of its 272 stores, ensuring the preservation of 300 jobs amid challenging market conditions. This deal marks a significant rescue effort for the troubled flooring retailer. The acquisition highlights Tapi's commitment to expanding its influence in the flooring market while supporting former Carpetright employees.
Thetimes
Carpetright Jobs Saved as Tapi Carpets & Floors Steps In

Overview of the Acquisition

Tapi Carpets & Floors is taking over the Carpetright brand, which includes 54 of the retailer's 272 locations.

Job Preservation

  • 300 jobs will be saved through this acquisition.
  • The move comes as Carpetright faces financial difficulties.

Implications for the Market

This acquisition shows market resilience in the flooring industry and Tapi’s ambition to strengthen its competitive edge.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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