Dunelm buys Ireland's Homefocus for undisclosed sum.


Homewares retailer Dunelm on Wednesday said it had bought Irish soft furnishing chain Homefocus for an undisclosed sum.

  • Dunelm Group
  • 20 November 2024 07:12:37

Source: Sharecast

Homefocus trades under the 'Home Focus at Hickeys' brand, with 13 physical stores across Ireland and an online operation.

“The acquisition is an attractive opportunity for Dunelm to connect with more customers by entering a new geography, with a homewares market of more than £1bn,” the company said.

It added that there was potential to offer a broader range of products in Home Focus stores, in line with the its existing smaller format stores in the UK and also saw an “opportunity to introduce a more comprehensive online proposition and, over time, will assess new store opportunities across Ireland”.

Reporting by Frank Prenesti for Sharecast.com


Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change: -49.90 ( -0.25 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.