Dunelm gets access to government coronavirus support
By Sarah Wood | 16th April 2020
Home furnishings retailer Dunelm will be able to access funds under the government's Covid Corporate Financing Facility.
The company, which said it has access to sufficient liquidity in case of prolonged store closures, said its executive management team took a voluntary 20% pay cut, while Chief Executive Nick Wilkinson has taken a 90% reduction, as reported by Reuters.
All of Dunelm's stores are currently closed, including those in Gloucester and Cheltenham, but the retailer is taking online orders for smaller items. On its website, the company says it is not currently taking orders for larger items requiring a two-person delivery.
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