Skip navigation

Gloucestershire Business News

Sales up at Dunelm

Home furnishing retailer Dunelm saw a big rise in sales during July and August.

Dunelm's total year-on-year sales were up 59 per cent in July, due to pent-up demand following the store closures and the timing of its summer sale. Sales at the chain, which has stores in Gloucester and Cheltenham, rose by 24 per cent in August, as reported by Reuters.

Shares in the company rose by five per cent.

The retailer said the sales were a combination of increased footfall in its stores and a growth in home delivery.

But it remains cautious for the future, due to uncertainty in the wider economy and the potential impact of further regional or national lockdowns.

Dunelm said last month that it expects a fall of as much as £21m in annual pretax profit, but that it was seeing signs of recovery from returning customers.

Related Articles

GE Aerospace sees orders and profits soar Image

GE Aerospace sees orders and profits soar

GE Aerospace has raised its full-year profit guidance after releasing its first quarter financial results.

Decathlon extends sustainable sport gear scheme Image

Decathlon extends sustainable sport gear scheme

Sports retailer, Decathlon, has expanded its sports gear buyback scheme.

Profits drop 12% for Barclays Image

Profits drop 12% for Barclays

Financial pain as mortgage crisis recoils on lenders.

WH Smith sales growth driven by travel performance Image

WH Smith sales growth driven by travel performance

WH Smith is in its strongest ever position as a global travel retailer, its CEO said today.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.