Dunelm reported that growth rate slowed slightly in a trading update today.
For the 18 weeks to November 3, total sales rose 10.9 per cent and like for like sales were up 5.6 per cent, less than the levels reported at its preliminary results.
Dunelm chief executive Will Adderley said: “Overall trading performance up to this point in the financial year remains pleasing. We have also continued to make good progress with our pipeline of new store openings. However, like many other retailers, we remain cautious about the outlook for the coming months.”
Since the start of its financial year, Dunelm has opened superstores in Aberdeen and Shoreham in Sussex. It is fitting out further superstores in Leeds, Eastbourne and Bournemouth.
The retailer has also signed leases for superstores in Ebbw Vale and Sittingbourne, Kent. At least eight superstores will open this financial year, taking the total to 76.
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