Losses balloon at Dunnes Stores’ Northern Irish business

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Losses balloon at Dunnes Stores’ Northern Irish business via IrishTimesBiz

Stores last year as the retail giant adjusted to the impact of Covid-19, newly filed accounts show.

The company has previously expressed concern about the financial impact of the pandemic on its business. The company decided not to pay any dividend to other group undertakings in 2020. Dividends have been falling in recent years, with just £120,000 paid in 2019, down from just under half a million the previous year. However, despite reporting losses in four of the past five years, this is the first time in that period that no dividend has been paid.

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