- Carpetright
Infobox Company
company_name = Carpetright plc
company_
company_type = Public (lse|CPR)
foundation = 1988
location =Purfleet , UK
key_people = Lord Harris, Chairman
John Kitching,CEO
industry =Retail
products =Carpets
revenue = £521.5 million (2008)
operating_income = £60.8 million (2008)
net_income = £42.8 million (2008)
num_employees = circa 4,000 (2008)
parent =
subsid =
homepage = [http://www.carpetright.plc.uk www.carpetright.plc.uk]
slogan =
footnotes =Carpetright plc (lse|CPR) is one of the largest British retailers of floor coverings. The Company is listed on the
London Stock Exchange and is a constituent of theFTSE 250 Index .History
The Company was founded by Lord Harris in 1988 when he opened the first store in
Canning Town . [http://www.carpetright.plc.uk/pages/about_us/history/default.aspx Carpetright History] ] It was first listed on theLondon Stock Exchange in 1993 and in 1999 it bought selected Carpetland stores and Allied Carpets stores. It acquired its first operations inContinental Europe in 2002 and in 2005 acquired May's World of Carpets.In 2008
Cascade Investments LLC ,Bill Gates 's investment vehicle, acquired a 3% stake in the Company. [ [http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article4023237.ece Bill Gates piles into Carpetright] ]Operations
As of the May 2008 the Company now has 675 stores. [ [http://www.carpetright.plc.uk/files/C09E34EB-E801-45B5-9305-9AF100C02E4B.aspx/Carpetright_RA_final_PDF.pdf Carpetright Annual Report 2008] ] It has expanded into
Belgium , theNetherlands and theRepublic of Ireland . Its products incudecarpet s,laminate flooring ,vinyl flooring andrug s.References
External links
* [http://www.carpetright.plc.uk/ Corporate site]
* [http://www.carpetright.co.uk/ Consumer site]
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