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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Jun- 2024 -7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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7 JunePeople Moves
Dunelm non-executive director exits
Dunelm has announced that Arja Taaveniku, an independent non-executive director of the company, has informed the board of her decision to step down from her role at the end of 2024. The news follows her acceptance of a full-time position as CEO of Home Centre, a home furnishings company in…
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Apr- 2024 -18 AprilNews
Today’s news in brief-18/4/24
Shein is among several retailers expressing interest in acquiring Topshop from Asos, according to reports. Asos has received continuous interest from various high-profile retailers, with Authentic Brands Group also showing interest. The potential sale of Topshop by Asos follows its widening losses and a decline in sales, partly attributed to…
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18 AprilDepartment Stores
Dunelm Q3 sales jump 3% despite ‘difficult trading conditions’
Dunelm has revealed that its sales for the 13 weeks ended 30 March 2024 rose 3% to £435m year-on-year. Alongside this, the company’s total digital sales rose 1% up to 37%, including home deliveries. Despite what it called a “challenging trading environment”, Dunelm expects its FY24 PBT to be broadly…
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Feb- 2024 -14 FebruaryNews
Today’s news in brief-14/2/24
The British Retail Consortium (BRC) reported a disturbing surge in violence and abuse against retail workers, with incidents increasing by nearly 50% to 1,300 per day in 2022/23 compared to the previous year. This rise occurred despite significant investments by retailers in crime prevention measures such as CCTV and security…
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14 FebruaryDIY
Dunelm H1 sales rise 4.5% to £872m
Homeware retailer Dunelm has revealed that sales grew by 4.5% to £872m in the 26 weeks to 30 December 2023, as its active customer base also rose 4.2% during the period alongside an uptick in transaction frequency. The retailer attributed its healthy performance in H1 2023 to its continued digital…
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Jan- 2024 -18 JanuaryNews
Today’s news in brief-18/1/24
Sainsbury’s general merchandise commercial director, Paula Nickolds, is departing to become CEO of The White Company. During her three-year tenure, she strengthened brands like Argos, Habitat, and Tu. Sainsbury’s also announced a focused restructuring of its Operating Board. Graham Biggart will assume commercial responsibility for General Merchandise and Clothing, with…
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18 JanuaryDIY
Dunelm sees sales rise to £872m in H1
Dunelm has reported strong sales growth in the first half of the year, with total sales increasing by 4.5% to £872m for the 26-week period ended 30 December 2023. It also recorded continued sales growth in Q2 in a challenging market, with total sales increasing by 1.0%. Its gross margin…
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Oct- 2023 -19 OctoberNews
Today’s news in brief-19/10/23
Adidas has revised its full-year projections upward following robust Q3 2023 results. The sportswear giant’s performance was positively impacted by the sale of its remaining Yeezy inventory, leading to better-than-expected underlying business development. Now, Adidas anticipates an operating loss of €100m in 2023, down from the previous forecast of €450m.…
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19 OctoberDIY
Dunelm eyes increased market share amid strong Q1
Dunelm has seen sales rise by 9% to £390m in the first quarter of the year, following a strong period of growth that was largely driven by volume, amid plans to further its market share. The group welcomed a strong performance in both its stores and digital channels, with the…
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