Trading statement from Robert Dyas

Robert Dyas delivered 1.1% like-for-like growth for the six weeks to December 24, while online sales increased 36.7% for the period.

For the year ending March 31 2018, the retailer posted like-for-like growth of 2.7%, assisted by an ‘exceptional performance’ in e-commerce with growth of 45.7% which has continued into the current year. Turnover was £123.9 million: £0.5 million ahead of previous year.

The housewares and hardware chain benefited from strong click-and-collect take up from customers, reaching over 50% of orders, with the option to collect from Robert Dyas and sister brand Ryman stores nationwide.

During the period, Robert Dyas opened a new store in Bromley. driven by strong demand for click-and-collect orders to the Kent town’s Ryman store. A joint store was also launched with Ryman in the Kent town of Bexleyheath. It said the concept of both brands under one roof had been well received by customers and the store is trading ahead of expectations. Further new stores are now being considered, as well as joint stores with Ryman.

The business added that trading in the current year is ahead of last year in both sales and profit.

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