Losses jump at Dunnes Stores' Northern Ireland business

That is according to new accounts for the Belfast registered Dunnes Stores Ltd after revenues decreased by 10.4% or £11.85m from £113.6m to £101.75m in the year to the end of December 26, 2020.

In a report accompanying the accounts, Dunnes director Dr Anne Heffernan stated "as a family company with generations of accumulated experience, we see things in the longer term and take our key business decisions accordingly". Numbers employed by Dunnes Stores Ltd reduced by 63 from 1,097 to 1,034 and staff costs reduced from £16.24m to £14.89m.

The company’s cost of sales last year decreased from £84.7m to £80.3m with operating expenses decreasing from £28.6m to £24.8m.

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