Sales rise at Dunelm but spending ‘remains under pressure’

The boss of Dunelm has said consumer spending “remains under pressure” despite the homewares retailer revealing growth over the past quarter.

The retailer told investors on Thursday that sales grew by 3% to £435 million over the 13 weeks to March 30, with growth accelerating from the previous quarter. “Whilst discretionary spend remains under pressure, our relevant and attractive product offer continues to resonate with customers as they shop across our broad ranges to find quality and value for all areas of the home.”Dunelm said it was supported by a rise in sales volumes, with shoppers purchasing more products as inflation across the sector eases.

The retailer, which has 183 UK stores, also pointed towards “signs that the outlook for UK consumers may be easing in some areas”.

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