Topps Tiles boss Rob Parker to retire after company returns to sales growth Topps Tiles' boss, Rob Parker, has announced his retirement after 18 years with the company, just as it reports a return to sales growth.
Mr Parker attributed part of this sales growth to the company's efforts to expand its online operation, countering MS Galleon's previous criticism that Topps Tiles is "predominantly a bricks and mortar business with a poorly optimised store portfolio".
The call for a leadership review came from top investor MS Galleon, which owns a 30% stake in Topps Tiles, following a slump in sales and what they described as a series of "strategic missteps" by management.
The investor also lambasted Topps’ recent acquisition of CTD Tiles, branding the move as "unequivocally irrational" and "highly detrimental to the interest of the company".
The UK's largest tile retailer, Topps Tiles, employs thousands across its 300 stores and also owns Pro Tiler, a tiling supplies business.
