Deathwatch: are Carpetright deep shagged?
Their full-year profits are reported to be as low as £3 million, which is startling when you consider that they made £17m a year ago and £62m in 2008.
Carpetright issued a number of profit warnings over the past year and it looks like there's another one due.
Could this be the end for cheapo carpets for us all? Does it even matter considering the small matter of no-one being able to afford a mortgage these days, preferring to rent in furnished digs?
Has the rug been pulled from under the British housing boom, etc...