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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Jul- 2024 -18 JulyDepartment Stores
Dunelm FY profits ahead of expectations amid strong Q4
Dunelm has revealed it expects profits for the full year to be ahead of expectations after it saw a strong end to Q4. The homewares retailer has seen its total sales for the year grow 4% to £1.7bn driven by volume despite a “challenging consumer environment”. PBT is now expected…
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8 JulyNews
Today’s news in brief-8/7/24
James Timpson OBE, CEO of the Timpson shoe repair chain, has been appointed as the new Minister for Prisons, Parole, and Probation following Labour’s landslide victory in the general election. Timpson, who has been involved in the family business since his school days, has grown the company from 320 to…
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8 JulySupermarkets
Asda scraps four-day work week trial
Asda has reportedly scrapped its trial of a four day work week after staff were left exhausted, according to reports from The Telegraph. Under the trial, employees in 20 of its stores worked a usual 44 hour work week in four days rather than five. However, many staff complained that…
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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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