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New CEO eyes further growth at Dunelm


Nick Wharton begins his role as CEO of Dunelm Group today as the homewares retailer targets further expansion opportunities in the months ahead.

In a statement this morning, the new boss said that the business plans to expand through its ongoing store portfolio development and by having a stronger focus on online operations.

The arrival of the former Halfords Finance Director, who has served on the Dunelm board as a non-executive director for a number of years, was announced in September but the phased transition was completed today as the group revealed first-half sales figures.

Like-for-like trading was down, but the group still managed to significantly increase revenues and profits in a tough marketplace.

Wharton remarked: “These half-year results once again demonstrate Dunelm’s many strengths and are a credit to everyone involved with the business.

“We have a clear and proven strategy for growth through ongoing store portfolio development. The addition of a more ambitious multichannel dimension represents a further exciting and achievable opportunity to continue the success of recent years.

“We naturally remain cautious regarding the fragility of consumer confidence but believe we are well positioned, thanks to our market leading proposition and financial strength, to trade successfully through this period while enhancing our strategic position.”

The new CEO replaces Will Adderley, who has become Executive Deputy Chairman of the group.

Adderley commented: “I am delighted to welcome Nick to his role as our new CEO and look forward to working closely with him as we continue to grow the business in the months and years to come.”

Published on Thursday 17 February by Editorial Assistant

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