THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Dunelm posts increase in sales and profit

Homewares retailer Dunelm has reported a rise in full year sales and profit.

GENERAL MERCHANDISE

Dunelm posts increase in sales and profit

In the 53 weeks to 4 July, total revenue increased by 12.7% to £835.8 million while pre-tax profit climbed by 4.7% to £122.6 million.

Like-for-like sales in Dunelm’s stores grew by 3.4% while home delivery sales rose by 55% and now account for 6.1% of total revenue.

Dunelm opened 12 stores in the year to increase its footprint to 148 superstores.

Dunelm chief executive Will Adderley said: "It has been a busy and very successful year at Dunelm and the business is in better shape than ever with good momentum and clear plans for further growth.

"Customers continue to respond well to our specialist homewares offer and we have made strong progress in all elements of our growth strategy - achieving good like-for-like sales, opening 12 superstores and significantly increasing revenues from our home delivery offer. At the same time, we have made a number of important changes to prepare the business for its next phase of growth.”

Adderley is due to be succeeded by John Browett as chief executive in January when he will revert to his previous position of deputy chairman.

Andy Harrison, Dunlem chairman, added: "We enter a new chapter of growth with a refreshed executive team, led by John, and supported by Will, who are two of the top retailers of their generation. We also have a great team across the business, with continuing passion for giving our customers great products, great value, and great service. Dunelm has an outstanding track record and is in great health. We look forward to reporting on our further progress."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing