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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Oct- 2023 -13 OctoberNews
Today’s news in brief-13/10/23
The John Lewis Partnership has appointed Martin Gafsen as its new director of property. Gafsen, previously the interim corporate finance director at Royal Mail, brings extensive experience in property management. He led the strategy for Royal Mail’s nationwide freehold and leasehold estate for 16 years. Additionally, Gafsen was responsible for…
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13 OctoberDepartment Stores
Dunelm green targets approved by SBTi
Dunelm has announced that its greenhouse gas emissions targets have been approved by the Science Based Targets initiative (SBTi). Dunelm has become the first dedicated homewares specialist and one of the first companies globally to set short and long-term company-wide emission reduction targets in line with climate science, following a…
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Sep- 2023 -20 SeptemberNews
Today’s news in brief-20/09/23
Dunelm announced record sales in its full-year results, with revenues rising by 5.5% to £1.64bn. However, profits fell by 7.7% to £192.7m. The company attributed the strong sales to cost reductions on over 1,000 products and the strength of its product range. Dunelm also invested over £20m in digital operations…
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20 SeptemberDIY
Dunelm welcomes record sales of £1.64bn in FY23
Dunelm has welcomed record sales in its full-year results, with revenues up by 5.5% to £1.64bn, despite profits falling over the period. In the year ended 1 July 2023, profits fell by 7.7% to £192.7m, though the group said this was “particularly pleasing given the impact of operating cost inflation…
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Jul- 2023 -20 JulyNews
Dunelm ups FY guidance after strong final quarter
Dunelm has seen full-year revenues rise by 6% to £1.64bn, after a period of “robust” growth in its final quarter, where sales hit £381m despite higher cost prices and rising inflation. Following a “continued robust sales performance, strong commercial disciplines and tight operational grip on costs”, the furniture retailer has…
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Jun- 2023 -16 JuneHigh Street
WHSmith partners with Retail Trust to boost staff wellbeing
WHSmith is introducing new measures to support its employees’ health and happiness after partnering with retail industry charity the Retail Trust to help boost staff wellbeing. The group’s 12,000 plus employees and their families now have access to a range of personalised resources including the Retail Trust’s wellbeing helpline, counselling…
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May- 2023 -12 MayDIY
Dunelm to open its first store at Atria Watford
Dunelm, the homewares retailer, is to open a 33,000 sq ft store within Atria Watford. Dunelm already has 179 stores across the UK and this new store will be located in the former John Lewis unit, which closed in 2020 as part of the department store’s store closure programme. Set…
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Apr- 2023 -20 AprilDepartment Stores
Dunelm Q3 sales up 6% after moving winter sale
Dunelm has announced that its sales have risen 6% to £423m, up from £399m, for the 13 weeks to 1 April 2023. The homeware retailer has put this increase down to moving its winter sale from Q2 to Q3 after the winter sale negatively impacted its Q3 growth last year.…
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5 AprilSponsored Articles
Furniture brand boosts revenue by 20% with clever planning technology
Key facts Online-only DTC e-commerce merchant specializing in high-end, flatpack furniture, established in 2015 Uses Inventory Planner for real-time forecasting, intuitive buying recommendations and daily inventory reporting Impact: Sales revenue boosted by 20%, £200K saved on stock holding, cash flow protected, overstock eliminated Sales growth of 95% over the last…
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Feb- 2023 -15 FebruaryDepartment Stores
Dunelm profits fall 17% despite sales increase
Home retailer Dunelm has announced a 17% fall in its pre tax profits to £117m, down from £141m, for the 26 weeks ended 31 December 2022. The firm revealed the fall in profit comes despite a 5% increase in sales to £835m compared with £766m from the first half of…
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