Sofa retailer CSL has reported a spike in sales after opening two new UK stores.
The Wigan-based business saw like-for-like revenues in the nine weeks to June 26 increase by 6 per cent year-on-year, while overall sales taking into account two new stores in Stoke and Lincoln, were up 14 per cent.
According to a report by the Manchester Evening News, CSL is due to open another branch at the Brent Cross shopping park in North London later this month, taking its total number of stores to 19.
In light of the recent sales spike, the company has revised its group sales forecasts for 2011 to £75m, up from £62m last year. The company has used A boards to advertise new budget ranges of fabric and leather sofas and it's these products that have helped lift sales, according to managing director Jason Tyldesley.
He said: "We're confident of securing further growth in market share over the coming years as we scale up the business in the south east and continue to introduce new innovations to our service and product range across our stores.
"Recent trading has been very encouraging. From a broadly flat first quarter, sales over the second quarter have continued to rise, with all stores recording an increase in like-for-like sales. While there clearly remains a lot of uncertainty across retail, we're optimistic that we'll continue outperforming the sector as more customers buy into our brand."
