London startup
fromBusiness Matters
9 hours agoHarpin-backed Flooring Superstore weighs restructure as sales slip
Flooring Superstore faces potential store closures and redundancies due to restructuring amid ongoing consumer spending challenges.
We have come into 2026 planning for another challenging year. When you look at consumer confidence and disposable income, you can see that the backdrop is still tough out there. Currie expressed optimism that easing pressures could support consumer spending in 2026, but also recognised that demand remains fragile.
Frasers Group anticipates adjusted pre-tax profits between £550 million and £600 million for the new financial year, reflecting little to no profit growth due to economic uncertainty and potential tax rises.