Dunelm
Revenue £836m Dividends 21.5p
In most cases, when a company has just acquired a new chairman and is about to greet a new chief executive and finance director, it would be a case of waiting to see what plans the new management have for the business. Dunelm is the exception. John Browett, who used to run Dixons and (briefly) Apple’s retail operation, starts as chief executive in January, but he inherits a business that has made clear where it is going.
Dunelm was floated in 2006 and has a strong record for growth since, but it is still relatively under-exposed to the southeast. The homewares retailer has 149 stores at present and a good reputation on price and believes that there is room for