News - Midlands

Revenues rise at Dunelm

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Homeswares retailer Dunelm said sales have increased 5.3 per cent in its latest quarterly trading update.

The Syston-based company said sales value hit £133.4m for the 13 weeks to 1 October.

One new superstore was opened during the first quarter at Dartford, bringing the company's portfolio to 104 in the UK.

Ten new stores are scheduled to open in the second quarter, said Dunelm, with four more locations committed and expected to commence trading in the second half of the financial year.

Nick Wharton, chief executive, said: "Despite the challenges provided by the UK consumer environment, our simply value for money proposition continues to resonate with customers in both established and new stores.

"Given the current environment we continue to take a disciplined approach to operating costs. Nevertheless, we remain confident about the growth opportunities provided both from store expansion and via the web."

 
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