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Nestware Holdings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Carpetright to axe over 25% of head office staff

The privately owned flooring retailer is cutting roughly 70 jobs at its Essex HQ as it battles weaker consumer spending and tough competition, Sky News understands.

Carpetright announces restructure to better support regional stores and digital plans

Carpetright announces restructure to better support regional stores and digital plans
retailtimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retailtimes.co.uk Daily Mail and Mail on Sunday newspapers.

Carpetright owner snaps up UK Flooring Direct in pre-pack deal

Carpetright owner snaps up UK Flooring Direct in pre-pack deal
retailgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retailgazette.co.uk Daily Mail and Mail on Sunday newspapers.

Sale of flooring firm to Carpetright owner wins DOTM

Adam Beech Private equity firm Endless completing the sale of a Redditch-headquartered flooring distributor to Carpetright owner Nestware Holdings (NHL), part of Meditor Holdings, has been named as the Deal of the Month for March.   Carpet & Flooring (C&F) was established in 1992 and now serves customers from 11 sites. Purfleet-headquartered NHL also owns FlooringSupplies.co.uk, an e-commerce flooring business. At the time of the deal, Wilf Walsh, NHL chairman, said: We’re pleased to be adding C&F into the Nestware group of companies and feel the business will sit well beside our current brands. C&F chief executive Lisa Tomlin added: The management team are delighted to have worked alongside Endless for the last four years and they have backed us to deliver the transformation, which has resulted in this transaction today. We believe that joining NHL will allow us to take our growth and digital transformation to the next level.

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