WHSmith and Inchcape lead fall in retail stocks April 4, 2025 UK retail stocks have dropped in value this morning, led by a sell-off of WHSmith, Inchcape and AO World. Earlier today, tax body RSM said that price rises at UK retailers as a result of the tariffs were “inevitable”. “The tariffs announced by President Trump this week would in themselves be a blow to the [...]
Dunelm chief steps down after guiding firm through transformation and Covid February 11, 2025 Dunelm’s chief executive Nick Wilkinson will step down after seven years after leading the company through a strategic change, digitalisation, and the pandemic. Wilkinson will remain at FTSE-listed Dunelm until a successor is appointed. Sales at Dunelm have been consistently rising over the past few years as its personalised, relatively low-cost homewares go down well [...]
Dunelm sales tick up but shares drop January 16, 2025 Homewares retailer Dunelm has reported solid trading results which were ahead of the wider retail market for the golden quarter. Investors weren’t convinced, however, and its share price dropped nearly four per cent in early trades. Sales at the Leicester-headquartered business grew 1.6 per cent to £490m in the 13 weeks to December 28 in [...]
Dunelm boss: A rise in the living wage is good for our company November 27, 2024 The boss of Dunelm has said that an above-inflation increase to the minimum wage will have a positive effect on the home furnishings giant, despite a flurry of retailers decrying the increased bill. Dunelm chief executive Nick Wilkinson said that the resulting increase in consumer confidence – due to higher disposable income – will ripple [...]
Dunelm: Consumer demand for sofas boosts group October 24, 2024 Dunelm, the UK’s leading homewares retailer, has reported an uptick in revenue for the 13-week period ending 28 September as consumers continued to spend money on home updates. The company reported sales of £403m for the period, up 3.5 per cent compared to the same period last year. The company reported digital sales, as a [...]
Billionaire Dunelm founder’s son sells millions of shares in FTSE 250 homewares giant September 24, 2024 The son of the billionaire founder of Dunelm has sold millions of shares in the homewares retailer after the FTSE 250 company reported a rise in its sales and profit for its latest financial year. Sir Will Adderley, the son of Sir Bill Adderley, has lowered his stake in the Leicester-headquartered business from 32.3 per [...]
Dunelm prepares to open first London stores as sales and profit rise September 11, 2024 London-listed homeware retailer Dunelm has seen its sales tick up despite its customers facing “competing demands” for their disposable income. The Leicester-headquartered firm saw its overall revenue climb to £1.7bn in the 12 months to 29 June 2024, up from £1.64bn the previous year—growth of 4.1 per cent. This increase was largely driven by 6.2 [...]
How to end the American choke-hold on British tech? Stop ‘acting like an incubator’ August 19, 2024 As tech companies flee London in droves, serial entrepreneur William Reeve—whose leadership credits include Lovefilm, a trailblazer in online movie streaming, and Zoopla, a leading real estate portal —has warned the City risks becoming nothing more than an incubator for the US unless it can shift its focus beyond short-term profit. Since 2019, at least [...]
Dunelm weathers wet summer as it eyes record annual profit July 18, 2024 Homeware retailer Dunelm has weathered a wet summer to deliver strong sales across its product ranges, with the company now expecting to outstrip its forecast annual profit.
Dunelm expects gross margins to grow despite ‘volatile’ homeware market April 18, 2024 The Dunelm board described the homeware and furnishing market as “volatile” and “challenging” on Thursday, as the retailer posted flat sales during the third quarter.