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- 2020 -1 SeptemberCoronavirus
Dunelm sales ahead of expectations post-lockdown
Dunelm has reported that sales have been “strong” in the last two months, with total year-on-year sales growth up 59% in July. In addition, sales were up by 24% in August against last year, outperforming the group’s initial expectations. In its latest trading update, the homeware retailer said that this…
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Jul- 2020 -15 JulyCoronavirus
Dunelm sales down despite online boom
Dunelm has revealed its total sales were down by 28.6% in its fourth quarter of trading. In the quarter ended 27 June, store like-for-like sales plummeted by 49.7% following estate-wide closures, though online business soared by 85.2%. While sales crashed by 78% in April and 48% in May, the group…
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Jun- 2020 -23 JuneCoronavirus Featured Content
Three ways that Covid-19 will change British retail forever
In the midst of a global pandemic the UK high street is suffering more than ever before with many ailing big names, from fashion retailer French Connection warning it will run out of cash within the next few months unless it secures a cash injection, to the ongoing struggles of…
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Apr- 2020 -16 AprilHigh Street
Dunelm CEO takes 90% pay cut as company seeks coronavirus loan
Homeware retailer Dunelm has announced its CEO, Nick Wilkinson, has taken a 90% pay cut as it confirmed it is eligible for a coronavirus loan. Dunelm also announced that the executive management team has also taken a 20% pay reduction with its chairman and non-executive directors waiving 100% of their…
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Feb- 2020 -12 FebruaryHigh Street
Dunelm profits surge in half-year results
Homeware retailer Dunelm has reported a 19.4% increase in profits before tax to £83.6m for the half-year period ended 28 December 2019. Operating profit for the period was £87.6m, an increase of 23.9%, and reflected higher sales and improved gross margin delivery, as well as a “£1.3m benefit from the…
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Dec- 2019 -5 DecemberDIY
Dunelm profits to beat expectations
Dunelm expects its full-year profits to beat original forecasts, the company said in its latest trading update. The furniture and homeware retailer said that gross margins were “stronger than expected” in the financial year to date, and believes that this is a result of “sourcing gains and better sell through”.…
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Oct- 2019 -10 OctoberHigh Street
Dunelm sales jump 6.4% in first quarter results
Homeware retailer Dunelm has reported a 6.4% increase in total like-for-like sales for the 13-week period ended 28 September 2019, with “good growth” across its total retail system. Total revenue increased to 7.5% during the period, boosted by a string of new store openings. Additionally, the retailer said the beginning…
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Sep- 2019 -4 SeptemberHigh Street
Dunelm profits jump 23.4% in full-year results
Homewares retailer Dunelm has reported a 23.4% increase in profit before tax to £125.9m for the year ending 29 June 2019. The group said the increase reflects higher sales, improved gross margins and a “better operational grip”. Total like-for-like sales also increased by 10.7% during the period, with “strong” growth…
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Jul- 2019 -10 JulyHigh Street
Dunelm remains ‘cautious’ as Q4 revenues jump 15%
Homewares retailer Dunelm has reported a 15.4% increase in total like-for-like (LFL) revenue for the 13-week period ended 29 June 2019. The retailer said the increase reflects “strong” underlying growth in stores and online, the benefit of a “weak comparator” period last year and favourable weather this year. Life-for-like store…
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Jun- 2019 -20 JuneHigh Street
Dunelm raises profit forecast for second time
Dunelm Group has announced it has continued to see “strong trading” across its business and has decided to raise its profit forecast for the second time this year. Since its last update on 10 April 2019 the home furnishings retailer said it has experienced “very good year-on-year total like for…
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