Dunelm
This coverage examines Dunelm’s operations and strategy within the UK retail sector, focusing on store performance, product ranges, supply chain developments, and financial results. Reporting highlights leadership decisions, market positioning, and responses to consumer trends, providing insights for retail executives, managers, and professionals monitoring homeware and value-focused retail.
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Feb- 2025 -11 FebruaryNews-In-Brief
Today’s news in brief-11/2/25
Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its anticipated £50bn London Stock Exchange listing. The company had explored sites in Derby, Coventry, and other locations but confirmed no immediate need for a UK facility. The decision follows mounting…
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11 FebruaryDepartment Stores
Dunelm CEO to retire amid strong H1 trading
Dunelm CEO Nick Wilkinson is set to retire from his position following seven years in the role as Dunelm announced strong trading for the first half of the year. The company saw its total sales rise 2.4% to £893.7m, up from £872.5m in the same period last year, during the…
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Jan- 2025 -16 JanuaryNews-In-Brief
Today’s news in brief-16/1/25
The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This upturn was driven by a 0.1% increase in services output, primarily bolstered by a 2% rise in accommodation and food services. Consumer-facing services grew by 0.5%, while wholesale and retail…
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16 JanuaryDepartment Stores
Dunelm revenues rise due to online sales
Dunelm has seen its revenues rise 1.6% to £490m for the 13 weeks ended 28 December, and 2.4% to £894m for the first half overall. The retailer stated that this was driven by a 3% uplift in online sales across both periods. It also stated that ecommerce represented 39% of…
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Nov- 2024 -20 NovemberNews-In-Brief
Today’s news in brief-20/11/24
Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year. The site is operated by United Apparel and Legwear (ULAC), appointed by Authentic Brands Group, which owns the brand. European versions are in development. This marks a strategic pivot after…
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20 NovemberDIY
Dunelm enters Irish market with Home Focus acquisition
Dunelm has acquired Home Focus, a soft furnishings retailer which trades from 13 stores across the Republic of Ireland, for an undisclosed amount. The business, which operates under the ‘Home Focus at Hickeys’ brand, also operates online, and provides home delivery and a ‘Click and Reserve’ option for customers to collect…
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Oct- 2024 -24 OctoberNews-In-Brief
Today’s news in brief-24/10/24
Frasers Group is pressuring Boohoo to appoint its founder Mike Ashley as CEO, criticising the current leadership’s handling of the business. In an open letter, Frasers, which holds a 27% stake in Boohoo, described the company’s recent performance as “abysmal,” following a 15% revenue decline to £620m for the six…
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24 OctoberDepartment Stores
Dunelm sales hit £403m in Q1
Dunelm has posted a 3.5% rise in total sales to £403m for the 13-week period ended 28 September 2024. The homewares retailer said that growth was broad-based across its categories, with the sofa collections performing “especially well”. Digital sales growth in Q1 was strong, up 2 ppts as a proportion…
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Sep- 2024 -11 SeptemberNews
Today’s news in brief-11/9/24
In July 2024, the UK economy saw no growth for the second consecutive month, failing to meet analysts’ expectations of a 0.2% expansion. The stagnant performance was largely due to mixed results across different sectors. The services sector recorded a slight 0.1% increase, primarily driven by a strong recovery in…
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11 SeptemberDepartment Stores
Dunelm PBT rises 6.6%
Dunelm has revealed that its profit-before-tax rose 6.6% to £205m, up from £193m, for the year ended 29 June 2024. Alongside this, the company’s total sales rose 4.1% to £1.71bn compared with £1.64bn in the same period last year. The company also stated it saw an increase in active customers…
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