Skip navigation

Gloucestershire Business News

“Excellent performance” at Dunelm leads to £1bn in sales

Homeware giant Dunelm has seen sales surpass £1 billion for the financial year. Pre tax profit in the year ending June 26 soared by 44.6 per cent, rising to £158 million from £109 million.

Shareholders have also been given a bumper payment. Earnings per share increased to 62.9p while investors also received a special dividend payout of 35p and 65p per share.

Chief executive Nick Wilkinson applauded the company's "excellent performance" despite the tumultuous year that many retailers have faced during the coronavirus pandemic.

Wilkinson said: "We are emerging from the pandemic as a stronger and better business, having transitioned from being a physical retailer with digital aspirations to being a proven, digital first, multichannel retailer,"

The retail giant celebrated an active customer growth of 8.5 per cent, the majority of which was online.

Related Articles

Gloucester insurance broker set for growth following MBO Image

Gloucester insurance broker set for growth following MBO

Investment by JMG group has facilitated a management buyout at Gloucester-based Brunsdon Insurance by North West insurance broker, Butterworth Spengler, for an undisclosed sum.

Consultation launched for 376,000 sq ft expansion of Gloucestershire business park Image

Consultation launched for 376,000 sq ft expansion of Gloucestershire business park

Developers heading up the expansion of Brockeridge Business Park at Junction 1 of the M50 are launching a public consultation for the project.

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Tuesday, September 21 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Tuesday, September 21

The ongoing coronavirus situation is constantly changing with announcements being made about businesses and services.

Cheltenham pursues climate ambition and improved accessibility for taxis Image

Cheltenham pursues climate ambition and improved accessibility for taxis

Cheltenham Borough Council pledged today (September 21) to bring its wheelchair accessible vehicle policy for taxis in line with its 2030 climate ambition.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.