Topps Tiles reports sales growth but faces leadership changes as CEO Rob Parker retires.

Topps Tiles, the UK's largest tile retailer, reported a 4.6% increase in sales for the quarter ending December 28, with a 12.9% spike during the Christmas period. The company attributes the growth to improvements in its digital channels and trade revenues. CEO Rob Parker, who has led the company for 18 years, announced his retirement, with a successor to be appointed. This growth comes after the company's major investor, MS Galleon, called for a leadership review due to previous sales declines and criticized a recent acquisition.

3 months ago
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