Topps Tiles sales decline eases

Signs of stabilisation in the housing market have helped Topps Tiles slow its sales decline in the past year, the company said.

In a statement at the end of its financial year, the tile retailer said sales were expected to have fallen 13.5 per cent, compared to a first half decline of 18.5 per cent, with overall revenues dropping from £208.1m to about £186m ($304m, €207m).