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{{Short description|British home furnishings retailer}}
{{EngvarB|date=February 2019}}
{{EngvarB|date=February 2019}}
{{Use dmy dates|date=February 2019}}
{{Use dmy dates|date=February 2019}}
{{Infobox company
{{Infobox company
| name = Dunelm Group Plc
| name = Dunelm Group plc
| logo = Dunelm logo.svg
| logo = Dunelm logo.svg
| type = [[Public Limited Company|Public]]
| type = [[Public Limited Company|Public]]
| traded_as = {{lse|DNLM}}<br/>[[FTSE 250|FTSE 250 Component]]
| traded_as = {{lse|DNLM}}<br/>[[FTSE 250|FTSE 250 Component]]
| foundation = [[Leicester]], Leicestershire, England 1979
| foundation = {{Start date and age|1979}} in [[Leicester]], England
| founders = {{ubl|Bill Adderley| Jean Adderley}}
| founders = {{ubl|Bill Adderley| Jean Adderley}}
| key_people = {{ubl|Michael Orton|([[Chairman]])|Nick Wilkinson|([[Chief Executive Officer]])}}
| key_people = {{ubl|Michael Orton|([[Chairman]])|Nick Wilkinson|([[Chief Executive Officer]])}}
| location = [[Syston]], Leicestershire, UK
| location = [[Syston]], England, UK
| area_served = {{ubl|[[United Kingdom]]|[[Jersey]]}}
| area_served = {{ubl|[[United Kingdom]]|[[Jersey]]}}
| locations = 173 (2020)<ref name="auto"/>
| locations = 173 (2020)<ref name="auto"/>
| industry = [[Furniture|Soft furnishing]] retailing and manufacturing (Homewares)
| industry = [[Furniture|Soft furnishing]] retailing and manufacturing (Homewares)
| products = {{hidden||ta1=right|{{ubl|Homewares – [[dining]]|cookshop|[[crafts]]|[[pictures]] and [[mirror]]s|[[lighting]]| storage|flowers and [[decor]]| [[carpet|rugs]] and doormats|[[duvets]] and [[pillows]]| bathroom|[[fabrics]] and custom curtains| blinds|bedlinen| furniture| [[pets]]| [[cushions]]| [[quilt|throws]] and [[beanbags]]|curtain tracks and poles|Pausa coffee shop}}}}
| products = {{hidden||ta1=right|{{ubl|Homewares – [[dining]]|cookshop|[[crafts]]|[[pictures]] and [[mirror]]s|[[lighting]]| storage|flowers and [[decor]]| [[carpet|rugs]] and doormats|[[duvets]] and [[pillows]]| bathroom|[[fabrics]] and custom curtains| blinds|bedlinen| furniture| [[pets]]| [[cushions]]| [[quilt|throws]] and [[beanbags]]|curtain tracks and poles|Pausa coffee shop}}}}
| revenue = {{decrease}} [[Pound sterling|£]]1,057.9&nbsp;million (2020)<ref name="auto">{{cite web|url=https://corporate.dunelm.com/media/2851/dunelm-ar2020.pdf|title=Annual Report 2020|publisher=Dunelm Group|access-date=1 March 2021}}</ref>
| revenue = {{increase}} [[Pound sterling|£]]1,638.8&nbsp;million (2023)<ref name="auto">{{cite web|url=https://corporate.dunelm.com/media/ej5koffb/dunelm-ar23-web.pdf|title=Annual Report 2023|publisher=Dunelm Group|access-date=12 February 2024}}</ref>
| operating_income = {{decrease}} £116.0&nbsp;million (2020)<ref name="auto"/>
| operating_income = {{decrease}} £198.8&nbsp;million (2023)<ref name="auto"/>
| net_income = {{decrease}} £87.7&nbsp;million (2020)<ref name="auto"/>
| net_income = {{decrease}} £151.9&nbsp;million (2023)<ref name="auto"/>
| num_employees = 6,519 (2020)<ref name="auto"/>
| num_employees = 11,602 (2023)<ref name="auto"/>
| homepage = {{url|dunelm.com}}
| homepage = {{URL|https://www.dunelm.com}}
}}
}}
'''Dunelm Group plc''', [[trading as]] Dunelm, is a British [[home furnishing]]s retailer operating in the [[United Kingdom]]. One of the largest homeware retailers in the UK, the company headquarters are in [[Syston]], [[England]]. It is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].<ref>{{Cite web |title=London Stock Exchange {{!}} London Stock Exchange |url=https://www.londonstockexchange.com/stock/DNLM/dunelm-group-plc/about:blank |access-date=2023-04-21 |website=www.londonstockexchange.com |language=en}}</ref> Until 2013 the company traded as '''Dunelm Mill.<ref>{{Cite web |last=Harrison |first=Nicola |title=Dunelm poised to launch first national TV ad as part of £3m marketing overhaul |url=https://www.retail-week.com/customer/dunelm-poised-to-launch-first-national-tv-ad-as-part-of-3m-marketing-overhaul/5052997.article |access-date=2023-10-17 |website=Retail Week |language=en}}</ref>'''
'''Dunelm Group Plc''' is a British [[home furnishing]]s retailer operating throughout the [[United Kingdom]]. One of the largest homewares retailers in the United Kingdom, Dunelm's headquarters are in Watermead Business Park, [[Syston]] in [[Leicestershire]], England. It also has its own factory for curtains, blinds and accessories, based in [[Leicester]].

It is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].


==History==
==History==
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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&nbsp;million in July.<ref>[http://www.retail-week.com/News/2008/07/dunelm_buys_dorma_for_5_million.html Dunelm buys Dorma for £5m] Retail Week, 29 July 2008</ref> In 2009 Dunelm appointed Nick Wharton as a non-executive director and re-launched their online shopping website.<ref>[http://www.screenpages.com/ecommerce/archives/000323.html Homewares retailer Dunelm re-launches website to make Internet its largest store] {{Webarchive|url=https://web.archive.org/web/20100313065932/http://www.screenpages.com/ecommerce/archives/000323.html |date=13 March 2010 }} Screenpages</ref> 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.<ref>[http://www.ft.com/cms/s/0/978aa92e-c1d6-11df-9d90-00144feab49a.html Dunelm chief to step down to deputy position] ''Financial Times'', 16 September 2010</ref>
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&nbsp;million in July.<ref>[http://www.retail-week.com/News/2008/07/dunelm_buys_dorma_for_5_million.html Dunelm buys Dorma for £5m] Retail Week, 29 July 2008</ref> In 2009 Dunelm appointed Nick Wharton as a non-executive director and re-launched their online shopping website.<ref>[http://www.screenpages.com/ecommerce/archives/000323.html Homewares retailer Dunelm re-launches website to make Internet its largest store] {{Webarchive|url=https://web.archive.org/web/20100313065932/http://www.screenpages.com/ecommerce/archives/000323.html |date=13 March 2010 }} Screenpages</ref> 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.<ref>[http://www.ft.com/cms/s/0/978aa92e-c1d6-11df-9d90-00144feab49a.html Dunelm chief to step down to deputy position] ''Financial Times'', 16 September 2010</ref>


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.<ref>[http://otp.investis.com/clients/uk/dunelm-mill/rns/regulatory-story.aspx?cid=43&newsid=444140 Dunelm Board Changes] Investis, 11 September 2014</ref> On 28 November 2016, the company purchased WorldStores and its subsidiary [[Kiddicare]] for £8.5&nbsp;million.<ref>{{cite news|last1=Briggs|first1=Fiona|title=Dunelm Group acquires World Stores Kiddicare and Achica|url=http://www.retailtimes.co.uk/dunelm-group-acquires-worldstores-kiddicare-achica/|access-date=29 November 2016|work=Retail Times|date=29 November 2016}}</ref>
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.<ref>[http://otp.investis.com/clients/uk/dunelm-mill/rns/regulatory-story.aspx?cid=43&newsid=444140 Dunelm Board Changes] {{Webarchive|url=https://web.archive.org/web/20160304023455/http://otp.investis.com/clients/uk/dunelm-mill/rns/regulatory-story.aspx?cid=43&newsid=444140 |date=4 March 2016 }} Investis, 11 September 2014</ref> On 28 November 2016, the company purchased WorldStores and its subsidiary [[Kiddicare]] for £8.5&nbsp;million.<ref>{{cite news|last1=Briggs|first1=Fiona|title=Dunelm Group acquires World Stores Kiddicare and Achica|url=http://www.retailtimes.co.uk/dunelm-group-acquires-worldstores-kiddicare-achica/|access-date=29 November 2016|work=Retail Times|date=29 November 2016}}</ref>
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.<ref>[https://www.ft.com/content/51b91e24-8d6e-11e7-9084-d0c17942ba93 Homewares retailer Dunelm parts ways with chief executive] ''Financial Times'', 30 August 2017</ref>
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.<ref>[https://www.ft.com/content/51b91e24-8d6e-11e7-9084-d0c17942ba93 Homewares retailer Dunelm parts ways with chief executive] ''Financial Times'', 30 August 2017</ref>


In September 2020, the company reported a large surge in sales for the months of July and August. The increased sales were a result of people working from home as a result of the [[COVID-19 pandemic]] and investing in their living spaces.<ref>{{cite news|url=https://www.ft.com/content/9b92b7ff-c1e3-4f17-8a34-7ed8ac80f48a|title= Dunelm benefits from home spending boom |work=Financial Times|last=Nilsson|first=Patricia|date=1 September 2020|access-date=1 September 2020}}</ref>
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.<ref>{{cite news |url=https://www.ft.com/content/9b92b7ff-c1e3-4f17-8a34-7ed8ac80f48a |title=Dunelm benefits from home spending boom |work=[[Financial Times]] |last=Nilsson |first=Patricia|date=1 September 2020 | url-access=subscription}}</ref>


In November 2020, the company was criticised by shareholders for renominating [[Paula Vennells]] to its board, despite her responsibility for [[Horizon (IT system)|the Post Office subpostmasters' scandal]], during which her leadership was accused of having been "both cruel and incompetent" by a Conservative peer and various MPs.<ref>{{cite web |last1=Witherow |first1=Tom |title=Ex-Post Office boss Paula Vennells is under fire at Dunelm |url=https://expressdigest.com/ex-post-office-boss-paula-vennells-is-under-fire-at-dunelm/ |website=expressdigest.com |access-date=12 December 2020}}</ref> Her resignation from the board was announced on the morning of 26 April 2021 after all the remaining convictions of subpostmasters had been quashed.<ref>https://www.bbc.co.uk/news/business-56882496</ref>
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.<ref>{{cite web |last1=Witherow |first1=Tom |title=Ex-Post Office boss Paula Vennells is under fire at Dunelm |url=https://expressdigest.com/ex-post-office-boss-paula-vennells-is-under-fire-at-dunelm/ |website=expressdigest.com |date=3 November 2020 |access-date=12 December 2020}}</ref> Her resignation from the board was announced on the morning of 26 April 2021 after all the remaining convictions of subpostmasters had been quashed.<ref>{{Cite news|url=https://www.bbc.co.uk/news/business-56882496|title = Post office scandal: Ex-boss quits director jobs after scandal|work = BBC News|date = 26 April 2021}}</ref>


==Operations==
==Operations==
[[File:Dunelm Mill - Sticker Lane - geograph.org.uk - 500740.jpg|thumb|Dunelm store in [[Bradford]]]]
[[File:Dunelm Mill - Sticker Lane - geograph.org.uk - 500740.jpg|thumb|Dunelm store in [[Bradford]]]]
As of 30 June 2020 Dunelm operated 173 stores, spread across the UK, and a webstore.<ref name="auto"/>
As of 30 June 2020 Dunelm operated 173 stores, spread across the UK, and a webstore.<ref name="auto"/> The company operates a factory for curtains, blinds and accessories in [[Leicester]], England.<ref>{{Cite web |last=Pegden |first=Tom |date=2019-07-06 |title=Dunelm creates 40 new jobs at blinds and curtains factory |url=https://www.leicestermercury.co.uk/news/dunelm-creates-40-jobs-leicestershire-3058734 |access-date=2023-04-21 |website=LeicestershireLive |language=en}}</ref>


==References==
==References==
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==External links==
==External links==
* [http://www.dunelm.com Dunelm website]
* [https://www.dunelm.com Dunelm website]
* [http://www.dorma.co.uk Dorma website]
* [https://www.dorma.co.uk Dorma website]
* [http://www.kiddicare.com Kiddicare website]
* [https://www.kiddicare.com Kiddicare website]


{{British Royal Warrant holders}}
{{British Royal Warrant holders}}
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[[Category:Retail companies established in 1979]]
[[Category:Retail companies established in 1979]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies in the FTSE 250 Index]]
[[Category:1979 establishments in England]]
[[Category:1979 establishments in England]]
[[Category:1979 establishments in the United Kingdom]]
[[Category:1979 establishments in the United Kingdom]]

Latest revision as of 17:43, 16 February 2024

Dunelm Group plc
Company typePublic
LSEDNLM
FTSE 250 Component
IndustrySoft furnishing retailing and manufacturing (Homewares)
Founded1979; 45 years ago (1979) in Leicester, England
Founders
  • Bill Adderley
  • Jean Adderley
HeadquartersSyston, England, UK
Number of locations
173 (2020)[1]
Area served
Key people
Products
RevenueIncrease £1,638.8 million (2023)[1]
Decrease £198.8 million (2023)[1]
Decrease £151.9 million (2023)[1]
Number of employees
11,602 (2023)[1]
Websitewww.dunelm.com

Dunelm Group plc, trading as Dunelm, is a British home furnishings retailer operating in the United Kingdom. One of the largest homeware retailers in the UK, the company headquarters are in Syston, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2] Until 2013 the company traded as Dunelm Mill.[3]

History[edit]

Dunelm was founded in 1979 by Bill Adderley and Jeany Adderley, trading in home textiles from a market stall in Leicester.[4] The first Dunelm store opened in Churchgate Leicester in 1984[4] with the first superstore opening in Rotherham in 1991.[4] In 1996 Will Adderley took over responsibility for the day-to-day running of the company from his father, Bill Adderley. The expansion of Dunelm continued with a new head office and warehouse being established in 1999 in Syston, Leicestershire.[4]

In 2001 the company ventured into manufacturing, acquiring Bellbird producing custom-made curtains, blinds, and accessories, with the facility now being known as Dunelm's Manufacturing Centre. On reaching their 50th store (Walsall) Dunelm opened a new warehouse in Burton.[4] Key appointments were made in 2003 with David Stead being brought in as Finance Director; this also coinciding with Dunelm's 60th store (Ilkeston) and the roll-out of EPOS.[4] 2004 saw the company appointing Geoff Cooper as Non-Executive chairman and Marion Sears as a non-executive director. It also saw the opening of their 70th store (Trafford). Two years later Dunelm opened its 80th store (Bradford), a new distribution centre in Stoke, and launched their online shopping facility, offering 13,000 homewares products and floated on the London Stock Exchange.[5]

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[edit]

Dunelm store in Bradford

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[edit]

  1. ^ a b c d e f "Annual Report 2023" (PDF). Dunelm Group. Retrieved 12 February 2024.
  2. ^ "London Stock Exchange | London Stock Exchange". www.londonstockexchange.com. Retrieved 21 April 2023.
  3. ^ Harrison, Nicola. "Dunelm poised to launch first national TV ad as part of £3m marketing overhaul". Retail Week. Retrieved 17 October 2023.
  4. ^ a b c d e f Dunelm. "Company Profile". dunelm-mill.com. Retrieved 28 March 2015.
  5. ^ Family pocket £100m in Dunelm float The Independent, 20 October 2006
  6. ^ Dunelm buys Dorma for £5m Retail Week, 29 July 2008
  7. ^ Homewares retailer Dunelm re-launches website to make Internet its largest store Archived 13 March 2010 at the Wayback Machine Screenpages
  8. ^ Dunelm chief to step down to deputy position Financial Times, 16 September 2010
  9. ^ Dunelm Board Changes Archived 4 March 2016 at the Wayback Machine Investis, 11 September 2014
  10. ^ Briggs, Fiona (29 November 2016). "Dunelm Group acquires World Stores Kiddicare and Achica". Retail Times. Retrieved 29 November 2016.
  11. ^ Homewares retailer Dunelm parts ways with chief executive Financial Times, 30 August 2017
  12. ^ Nilsson, Patricia (1 September 2020). "Dunelm benefits from home spending boom". Financial Times.
  13. ^ Witherow, Tom (3 November 2020). "Ex-Post Office boss Paula Vennells is under fire at Dunelm". expressdigest.com. Retrieved 12 December 2020.
  14. ^ "Post office scandal: Ex-boss quits director jobs after scandal". BBC News. 26 April 2021.
  15. ^ Pegden, Tom (6 July 2019). "Dunelm creates 40 new jobs at blinds and curtains factory". LeicestershireLive. Retrieved 21 April 2023.

External links[edit]