New man at the top as Dunelm impresses

Dunelm Mill has posted an outstanding set of annual results, with pre-tax profit up 46% to £76.8m and operating profit also rising 46%, to £75.5m.

New man at the top as Dunelm impresses

Sales rose 18.2% to £492.8m at the specialist homewares retailer, with a like-for-like increase of 8.0%.

Dunelm opened 10 new superstores in the year to add 14% more space, and continued to grow market share.

The company has also announced that chief executive Will Adderley will step down next February to become executive deputy chairman. He will be succeeded by Nick Wharton, currently financial director of Halfords, and who has been a non-executive director of Dunelm since 2009.

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