UK's Carpetright returns to underlying sales growth
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LONDON (Reuters) - Britain's biggest floor coverings retailer Carpetright said its turnaround was on track as it returned to underlying sales growth in its new financial year and reported a narrower loss for 2018-19.Last year Carpetright's shareholders backed a Company Voluntary Arrangement (CVA) restructuring plan to keep the company alive. The plan closed 80 underperforming stores, while 23 were retained on a nil rent basis. The firm's shares are down 42% year-on-year.The group said on..