US EditionSales down as losses widen at rug business - Big Furniture Group
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Sales down as losses widen at rug business - Big Furniture Group
Rugs business The Rug Company has reported a slight decline in sales as well as widening losses. According to its latest filed accounts for the year ended 31 March 2024, total sales stood at £9.5m, down 5.9% from £10.1m in 2023. Pre-tax losses resulted at £1.3m, widening from a loss of £347,000 recorded in the previous year. Stated within its report, the company said retail sales fell 4.5% to £8.3m from £8.7m, while franchise sales fell 7.6% to …
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