He added that he would "rather the landlord took the space back" than sublet to other retailers. Harris said Carpetright's online business was "going very well", adding: "It will probably be more important than more stores in the next five years." The retailer revealed group underlying pretax profit of £10m in the 26 weeks to October 30, down from £13.9m and broadly in line with analyst expectations. Total group revenue fell from £258m to £248m, while UK and Republic of Ireland like-for-likes fell 6.1%, as it suffered from a low level of housing transactions. Harris said the floorings market was "very difficult at the moment", and that profits took a hit due to the reduction in sales and the retailer's large cost base. "We're down but the market is down more than we are," said Harris. He indicated Carpetright was still taking share from rivals. According to Retail Week Knowledge Bank, Carpetright, the UK's leading floorcoverings retailer, has a share of about 30%.