Consumer CTD Tiles administration: list of closed Ceramic Tile Distributors stores - and locations saved by Topps Tiles By Alex Nelson Jobs and finance writer Comment Published 20th Aug 2024, 10:25 BST Watch more of our videos on Shots! and live on Freeview channel 276 Visit Shots! now The full list of closures - and which stores have been rescued 🏷️ CTD Tiles has closed 56 stores and made 268 employees redundant after falling into administration But rival Topps Tiles acquired 30 of CTD's stores and two distribution sites in a rescue deal The acquisition includes CTD’s brands, intellectual property, and stock, with 92 CTD workers transferring to Topps Another 65 employees will stay on to manage the transition during the administration process Established in the 1960s, CTD Tiles reported £75 million in revenue last year but faced market challenges Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more.
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A major UK tile supplier has closed 56 of its stores after falling into administration. 268 CTD Tiles employees have been made redundant.