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Dunelm Group
Dunelm Group

+10.81%

Retail / Furnishings retailer

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
The Dunelm Group is a British home furnishings retailer, founded in 1979 by Bill Adderley and Jean Adderley in Leicester, England. The company sells a variety of home goods, including cushions, bedding, curtains, rugs, furniture, and kitchenware, both in-store and online.
The company has over 170 stores across the UK, as well as an online store which serves customers globally. It offers a wide range of products from its own branded items to well-known brands like Ted Baker and Joules.
The Dunelm Group is known for its affordable prices, high-quality products, and excellent customer service. It has also won various awards for its products and services, including the Best Online Business at the 2019 Retail Week Awards.
The company’s mission is to make homes beautiful and provide a better shopping experience for its customers. It is committed to sustainability and has several initiatives in place to reduce its environmental impact, including recycling schemes and reducing packaging waste.
The Dunelm Group has a strong online presence and is active on social media platforms like Facebook, Twitter, and Instagram, where it shares updates on products, promotions, and design inspiration for customers.
In addition to its retail operations, the company also runs a community program called Dunelm at Home, which provides support to local charities and communities through fundraising, volunteering, and donation initiatives.
What is special about the company?
There are several unique aspects of the Dunelm Group company that set it apart from its competitors:
1. Historical roots: The company has a rich history dating back to 1979 when founder Bill Adderley first opened a market stall selling curtains. The company has grown significantly since then and has a strong presence in the UK home furnishings market.
2. Wide range of products: Dunelm Group offers a diverse range of products including curtains, bedding, furniture, kitchenware, and home decor. They have a reputation for offering good quality products at affordable prices.
3. Omnichannel approach: The company has embraced the omnichannel approach, which means offering a seamless shopping experience across multiple channels, including physical stores, online, and mobile. This allows customers to shop in a way that’s convenient for them.
4. Strong brand recognition: Dunelm Group has an established and recognized brand in the UK, with over 170 stores and a significant online presence. This makes it a trusted and popular choice for home furnishing needs.
5. Focus on sustainability: The company is committed to sustainability and has implemented various initiatives to reduce waste and carbon footprint. They also have a range of sustainable products, including recycled materials and organic cotton.
6. Community involvement: Dunelm Group is dedicated to supporting local communities and causes. They have several charitable partnerships and initiatives, including working with food banks and supporting homeless shelters.
7. Employee engagement: The company believes in investing in their employees and creating a positive work culture. They have received recognition for their efforts in employee engagement, including being named one of the Best 100 Companies to work for in the UK.
What the company's business model?
The Dunelm Group is a British home furnishings retailer that sells a wide range of products including furniture, bedding, curtains, and decor items. Its business model is based on offering customers a convenient and affordable shopping experience through a combination of physical stores and e-commerce.
Dunelm’s key business strategies include offering a wide range of high-quality products at competitive prices, constantly refreshing its product lines to meet changing consumer trends, and providing exceptional customer service.
The company operates over 170 stores across the UK and Republic of Ireland, with plans to expand its store base in the future. It also sells its products online through its website and mobile app, providing customers with the convenience of shopping from their homes.
Dunelm’s stores are designed to be welcoming and easy to navigate, with displays and layouts that inspire customers and help them visualize how products will look in their homes. The company also offers in-store services such as home delivery, made-to-measure services for curtains and blinds, and installation services for products like furniture and kitchen appliances.
In addition to selling its own branded products, Dunelm also works with external suppliers and brands to offer a diverse range of products to customers. The company has also recently expanded its business model to include a marketplace platform, which allows third-party sellers to list and sell their products on the Dunelm website.
Overall, Dunelm’s business model revolves around providing customers with affordable and high-quality home furnishing products while focusing on convenience, customer service, and continuous innovation to stay competitive in the market.
Interesting facts about the company
1. The company was founded in 1979 by Bill and Jean Adderley in Leicester, England. They started by selling curtains from a market stall and eventually opened their first store in 1984.
2. The name Dunelm is a combination of the founders’ first names, Bill and Jean, and the name of the place where they first sold their products, Dumelm Mill.
3. Today, Dunelm is the largest homeware retailer in the United Kingdom and has over 170 stores nationwide.
4. The company’s headquarters are located in Syston, Leicestershire, where it also has a 800,000 square foot distribution center.
5. In addition to its physical stores, Dunelm also has a strong online presence and offers over 45,000 products on its website.
6. The company is known for its wide range of homeware products, including bedding, curtains, furniture, kitchenware, and home accessories.
7. Dunelm’s products are designed in-house and manufactured by a network of over 2,000 suppliers from around the world.
8. The company has a strong commitment to sustainability and has implemented several initiatives, such as using recycled materials in its products and distribution processes.
9. In 2019, Dunelm acquired the homewares retailer, Worldstores, expanding its product range and online presence.
10. Dunelm has won several awards over the years, including being named Retailer of the Year at the Retail Week Awards in 2015 and receiving a Gold Trusted Service Award from Feefo in 2018.
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