Dunelm Group
Chief Executive Officer ) | |
Products |
|
---|---|
Revenue | £1,638.8 million (2023)[1] |
£198.8 million (2023)[1] | |
£151.9 million (2023)[1] | |
Number of employees | 11,602 (2023)[1] |
Website | www |
Dunelm Group plc,
History
Dunelm was founded in 1979 by
In 2001 the company ventured into manufacturing, acquiring Bellbird producing custom-made
2007 saw the appointment of Simon Emney as non-executive director followed in 2008 with their 90th store (Plymouth) and the acquisition of the worldwide rights to the 'Dorma' bed linen brand, for £5 million in July.[6] In 2009 Dunelm appointed Nick Wharton as a non-executive director and re-launched their online shopping website.[7] In September 2009, the company announced that Nick Wharton would be taking over from Will Adderley as Chief Executive in March 2011 with Adderley remaining at Dunelm as Executive Deputy chairman.[8]
In September 2014 Dunelm Group plc announced that Nick Wharton had resigned his position as Chief Executive and was stepping down from the Board. Will Adderley, previously Executive Deputy chairman, resumed the role of Chief Executive with immediate effect.[9] On 28 November 2016, the company purchased WorldStores and its subsidiary Kiddicare for £8.5 million.[10] On 30 August 2017 Dunelm Group plc announced that John Browett was stepping down with immediate effect as Chief Executive after two years in the role.[11]
In September 2020, the company reported a large rise in sales for the months of July and August. The increased sales were a result of the increase in remote work due to the COVID-19 pandemic and investing in their living spaces.[12]
In November 2020, the company was criticised by shareholders for renominating Paula Vennells to its board, despite her responsibility for the British Post Office scandal, during which her leadership was accused of having been "both cruel and incompetent" by a Conservative peer and various MPs.[13] Her resignation from the board was announced on the morning of 26 April 2021 after all the remaining convictions of subpostmasters had been quashed.[14]
Operations
As of 30 June 2020 Dunelm operated 173 stores, spread across the UK, and a webstore.[1] The company operates a factory for curtains, blinds and accessories in Leicester, England.[15]
References
- ^ a b c d e f "Annual Report 2023" (PDF). Dunelm Group. Retrieved 12 February 2024.
- ^ "London Stock Exchange | London Stock Exchange". www.londonstockexchange.com. Retrieved 21 April 2023.
- ^ Harrison, Nicola. "Dunelm poised to launch first national TV ad as part of £3m marketing overhaul". Retail Week. Retrieved 17 October 2023.
- ^ a b c d e f Dunelm. "Company Profile". dunelm-mill.com. Retrieved 28 March 2015.
- ^ Family pocket £100m in Dunelm float The Independent, 20 October 2006
- ^ Dunelm buys Dorma for £5m Retail Week, 29 July 2008
- ^ Homewares retailer Dunelm re-launches website to make Internet its largest store Archived 13 March 2010 at the Wayback Machine Screenpages
- ^ Dunelm chief to step down to deputy position Financial Times, 16 September 2010
- ^ Dunelm Board Changes Archived 4 March 2016 at the Wayback Machine Investis, 11 September 2014
- ^ Briggs, Fiona (29 November 2016). "Dunelm Group acquires World Stores Kiddicare and Achica". Retail Times. Retrieved 29 November 2016.
- ^ Homewares retailer Dunelm parts ways with chief executive Financial Times, 30 August 2017
- ^ Nilsson, Patricia (1 September 2020). "Dunelm benefits from home spending boom". Financial Times.
- ^ Witherow, Tom (3 November 2020). "Ex-Post Office boss Paula Vennells is under fire at Dunelm". expressdigest.com. Retrieved 12 December 2020.
- ^ "Post office scandal: Ex-boss quits director jobs after scandal". BBC News. 26 April 2021.
- ^ Pegden, Tom (6 July 2019). "Dunelm creates 40 new jobs at blinds and curtains factory". LeicestershireLive. Retrieved 21 April 2023.