- Transport and Digital Connectivity: Cllr Ben Bradley and Cllr Anthony McKeown (deputy)
- Skills and Employment: Cllr Paul Hezelgrave and Cllr Milan Radulovic (deputy)
- Investment: Cllr Neghat Khan and Cllr Simon Spencer (deputy)
- Farming and Rural Affairs: Cllr Barry Lewis and Cllr Paul Peacock (deputy)
East Midlands Mayor names team for coming year
Deal completed to deliver 146 new homes in Wellingborough
Plans lodged to transform former Nottingham Central Library
“Strong set of results” for Dunelm
The CEO of Dunelm has hailed a “strong set of results…in a period when consumers faced inflationary pressures and competing demands for their disposable income.”
According to preliminary results for the 52 weeks to 29 June 2024, the homewares retailer saw sales of £1.71bn, up 4.1% on the year prior (FY23: £1.64bn) despite the softer market.
Profit before tax, meanwhile, increased to £205m from £193m at the Leicestershire firm. Six new stores opened (including one relocation) during the year.Nick Wilkinson, Chief Executive Officer, said: “This strong set of results is testament to the hard work of our adaptable and committed colleagues. In a period when consumers faced inflationary pressures and competing demands for their disposable income, we have continued to raise the bar on the relevance and value we offer at Dunelm.
“The continued delivery of volume-driven sales growth and further share gains in this softer market underlines this, and the strength and resilience of our business model.
“We have made good progress with our growth plans, including the expansion of our store estate, building a faster and better digital experience for customers, and advancing our tech and data capabilities.
“As we evolve our strategic thinking in this changing environment, we are now even clearer on the areas which will help us to unlock our full potential as The Home of Homes.
“Whilst we are gradually seeing improvements to economic indicators, we are yet to see a meaningful change in consumer spending habits in our markets. Against this backdrop, and compared to a strong first quarter last year, we have made a solid start to FY25.
“Our plans give us a clear pathway to reaching our next milestone of 10% market share in the medium term, and we remain very confident in our ability to deliver long-term sustainable growth as a result.”
Global HSE Group join the sponsor line up for the East Midlands Bricks Awards 2024
Tickets can now be booked for the event – click here to secure yours.
Attend to forge new contacts and see who takes home Most Active Estate Agent, Commercial Development of the Year, Responsible Business of the Year, Residential Development of the Year, Developer of the Year, Deal of the Year, Architects of the Year, Excellence in Design, Sustainable Development of the Year, Contractor of the Year, and Overall Winner. The Overall Winner of the East Midlands Bricks Awards 2024, sponsored by Blueprint Interiors, will also be awarded a grand prize – a year of marketing/publicity with Business Link worth £20,000.To be held at:
Automotive business makes Markham Vale move
UK economy stands still in July
Lincolnshire County Council sells land at Kirton to grow local economy
Lincolnshire County Council has sold 10.16 acres of development land to expand Kirton Distribution Park.