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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Sep- 2021 -21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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8 SeptemberDIY
Dunelm sees FY21 profits surge 44% to £157.8m
Dunelm has reported that pre-tax profits for the full-year ended 26 June 2021, grew by 44.6% to £157.8m from £109.1m, reflecting the group’s ongoing focus on operational grip, despite the impact of store closures. Total sales also rose by 26.3% to £1.3bn for the period from £1.05bn the previous year…
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Jul- 2021 -14 JulyDIY
Dunelm raises guidance amid ‘robust’ Q4 sales
Dunelm has raised its full-year guidance following a period of “exceptionally strong” growth post-lockdown, with Q4 sales soaring 101.7%, or 43.9% when compared to the same period in 2019. In light of its strong sales performance since reopening in April, as well as reporting a higher than anticipated gross margin…
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May- 2021 -19 MayDIY
Dunelm sees sales soar by 59% following reopening
Dunelm has reported a 59% increase in sales in the seven weeks ending 9 May, despite only being able to trade for five weeks following the easing of lockdown restrictions on 12 April. In an update, the homewares retailer said that sales growth has been “very strong” since non-essential retail…
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12 MayHigh Street
Retailers almost halve carbon reduction targets
UK Retailers have almost halved their 2020 carbon reduction targets according to the latest data from the British Retail Consortium (BRC). The data showed that carbon emissions fell by 49% since 2005, exceeding the original target of a 25% absolute reduction. These targets form part of the BRC’s climate action…
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Apr- 2021 -26 AprilPeople Moves
Ex-Post Office chief exits Morrisons and Dunelm boards
Paula Vennells, the ex-chief of the Post Office, has announced she is leaving the board of Morrisons and Dunelm – after the High Court cleared the name of 39 post office workers who were falsely accused of accounting fraud, due to failure in the company’s security system. Vennells, who is…
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8 AprilDIY
Dunelm to ‘outperform’ expectations thanks to click and collect
Dunelm has said it expects to “outperform” analyst expectations this financial year, as the group prepares to reopen its stores again on 12 April. The statement, which was published in its Q3 trading update, revealed that its FY21 profit-before-tax is estimated to be between £120m-£125m. This is a figure the…
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Feb- 2021 -16 FebruaryDIY
Dunelm deputy chair raises £192m from share sale
Dunelm has announced that Will Adderley, deputy chairman at the home furnishings retailer, has sold 15 million shares in the company, totalling £192m. Placed at 1,280 pence per share, the £192m sale represents 7.4% of the issued share capital of the firm. Adderley now directly holds 17.8% of Dunelm’s shares,…
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10 FebruaryOnline & Digital
Dunelm welcomes ‘strong’ H1 as online sales soar
Dunelm has welcomed a “strong” performance in its half-year results, with pre-tax profit soaring 34.4% to £112.4m in the period ended 26 December 2020. Despite ongoing store closures in light of the pandemic, total sales rose by 23% to £719.4m in H1, up from £585m the same period the year…
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9 FebruaryClothing & Shoes
M&S bolsters clothing business with senior hires
Marks and Spencer has announced it is strengthening its Clothing and Home leadership team through two new hires, who are both set to “play an important role” in the development of its Never the Same Again programme. The programme, launched last year, is focused on the group becoming “more relevant,…
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