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High Street

B&M profits slump as inflation hits

Looking ahead, B&M is set to open 70 gross stores in the next year, 45 new B&M stores in the UK, this will bring the retailer closer to its target of 1200 locations in the UK

B&M has seen its profit-before-tax fall 13.2% to £431m, compared with the £498m it posted in the same period last year.

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