Dunelm buys home and garden online retailer WS Group

Homewares retailer Dunelm has agreed to buy the assets of the WS Group - which owns Worldstores, Achica and Kiddicare - for £8.5m.

The WS Group has annual revenue of around £100m and has 650 employees.

Worldstores is an online retailer of 500,000 products for the home and garden. Achica is a members-only online store offering furniture, homewares and accessories. Kiddicare is a multichannel retailer, selling nursery supplies.

Dunelm is paying £8.5m for WS Group, but plans to spend £15m on the business.

Dunelm chief executive officer John Browett said: "We are excited by this opportunity to accelerate the growth of our internet operation, more than doubling its size, and enhancing our position as the destination homewares retailer in the UK, both online and offline.

"Between the store network, broad product range and strong brand that Dunelm has built and Worldstores' extensive homewares and furniture offer and unique platform for next day delivery and flash sales, we will strengthen our leading position as the UK's Home of Homes."

WS Group is expected to have trading losses of between £5m and £10m in the financial year to the end of June 2017, but Dunelm believes the business will at least break even by the end of June 2018.

Creditors such as garden furniture suppliers do not know if they will be paid their debts.


Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

What's in store for garden retail in 2017?

What's in store for garden retail in 2017?

Impact of Brexit, inflationary pressures, houseplants gaining popularity and online market.

What's in store for horticulture in 2017?

What's in store for horticulture in 2017?

Matthew Appleby, Sarah Cosgrove, Gavin McEwan and Sally Drury examine the key challenges and opportunities awaiting horticulture in 2017.

Growing media - Everything to play for

Growing media - Everything to play for

Exchange rate issues are likely to dominate the growing media market in 2017 as suppliers continue to innovate, Matthew Appleby reports.


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Garden retail Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. NEW: 2016 listing just published

Garden Centre Prices

GARDEN CENTRE PRICES w/e 16 November 2016
GARDEN CENTRE PRICES w/e 19 October 2016
GARDEN CENTRE PRICES w/e 21 September 2016

Pest & Disease Tracker bulletin 

The latest pest and disease alerts, how to treat them, plus EAMU updates, sent direct to your inbox.

Sign up here