Dunelm profits jump on online sales

Furnishing retailer Dunelm has reported a 23% jump in its annual pre-tax profits of £125.9m, compared with £93.1m in 2018.

Dunelm said sales rose in June due to a rise in online spending, as well as wet weather in the month driving consumers to visit its out-of-town stores.

In particular, the retailer said it benefited from tablet-based selling tools that enabled its staff to offer customers home delivery on an extended range of products.

Dunelm said that the homewares market had seen modest growth as a whole over the last two years, and it remains cautious in its outlook since Brexit on 31 October falls just before the winter retail season.