Topps Tiles warns on profit as Britons avoid home improvement
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LONDON (Reuters) - British tile and wood flooring retailer Topps Tiles warned on full year profit on Wednesday, blaming weak consumer spending in the home improvement sector.The group said retail like-for-like sales fell 5.5% in the eight weeks to Feb. 22, having fallen 5.4% in its fiscal first quarter.It forecast that first half profit will be significantly below the prior year level, while profit for the full year to Oct. 3 will be "materially below" the bottom end of the current range of..