National floorcovering retailer Carpetright has announced a 72% slide in pre-tax profits for the 12 months to May 2. 

The new-look Leekes' Building Centre was officially opened in June after the firm identified a local market in Llantrisant, Glamorgan for easy access to building materials and cost-effective ranges. 

After gaining furniture market leadership in 2006, Argos has consolidated its position as the UK’s number one furniture retailer.