Essential reading for retailers and suppliers in the home improvement market

Strong growth in second quarter for Dunelm

Published: 9 January 2020 - John King
 

Dunelm Group has reported a strong trading update for the 13-week and 26-week periods ended 28 December 2019.

Total like for like (LFL) sales increased by 5.0% in the second quarter, reflecting strong growth across the total retail system.  Total growth, including the benefit of new stores, was 6.2%. Total like-for-like sales for the first half of the year increased by 5.6% with total growth of 6.0%.

Commenting on the figures, Nick Wilkinson, Dunelm's chief executive officer, said: "We are really pleased with our performance in the first half, building on the strong growth and profitability delivered last year.  The second quarter was particularly strong in terms of sales and margin growth, on both one-year and two-year bases.

"The successful launch of our new digital platform during the quarter marked an exciting milestone for Dunelm. The transition to a modern, flexible, cloud-native platform has already improved our customer experience and will allow us to step change our retail innovation capabilities going forward. Our customers have responded well to the new website during Christmas and winter sales trading.

"Our ambitious growth plans are centred on extending and enhancing our customer proposition, helping more customers than ever create a home that they love. We are excited by the significant opportunities ahead of us."

 

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

What do you think?

With all the extra social distancing measures retailers have been forced to put in place, floor planning, product positioning, creative merchandising and POS displays are more crucial than ever.
But which of the following product categories do you feel are the most challenging to merchandise?








Latest reader comments

re: A guide to construction safety for home builders

Daniel Wood
Safety should always be the first priority. If followed properly, these precautions are all we need to tackle all unwanted accidents. I ...

re: Further Homebase closures ahead

Shaun Collorick
Cheltenham homebase has closing down signs outside, but not Gloucester homebase.... Yet!...

re: B&Q sales slide, as Screwfix decision to exit German market costs millions

B&Q bob
No surprises from us on the shopfloor management paralysed by fear of jobs and to weak to take chances so bumble around. Ranges boring, and ...

re: Further Homebase closures ahead

Miss l'a tesha gc Wilson
Please keep me updated regards all Store closures Thank you...

re: Graham Bell to head up B&Q as part of Kingfisher reshuffle

Peter Earl
I HOPE GRAHAM BELL THE NEW CEO OF B&Q GETS TO GRIPS OF THE COMPANY VERY SOON.MY WIFE WENT FROM SHADOXHURST TO GILLINGHAM TO GET SOME ...