B&M
This coverage focuses on B&M’s strategy, operations, and performance within the UK value retail sector. Reporting highlights store openings, pricing strategies, leadership decisions, marketing campaigns, and the retailer’s response to changing consumer demand. Tailored for retail executives, brand managers, and operations professionals, the content provides insight into how B&M sustains growth and competitiveness in a value-driven market.
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Jun- 2020 -11 JuneCoronavirus
B&M hails year of ‘solid growth’ despite pandemic
B&M has revealed that group revenue increased by 16.5% to £3,813.4m in the full-year ended 28 March, despite the effects of the ongoing pandemic. In the same period, its UK business delivered “strong trading”, with revenue up by 12.6% in the period. This included a like-for-like growth of 3.3% for…
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May- 2020 -29 MayCoronavirus
B&M sales surge amid lockdown
B&M has revealed it enjoyed a “strong” end to its fourth quarter trading, with like-for-like revenues up 6.6% in the quarter ended 28 March. The value retailer said that this result was driven by an “exceptionally” strong March performance in its grocery sector. The group also reported a “strong” revenue…
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Mar- 2020 -11 MarchHigh Street
B&M completes £11m disposal of German business
B&M European Value Retail has announced the completion of its German business disposal following a strategic review of the business. The group’s 80% controlling stake in the business was sold for €12.5m (£10.8 m) to a purchasing consortium led by AC Curtis Salta. The consortium also includes Wiebke Stern, Sebastian…
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3 MarchPeople Moves
B&M appoints Alex Russo as new CFO
Discount retailer B&M has announced the appointment of Alex Russo as its new chief financial officer and executive director. Russo is currently the CFO of Wilko, having previously spent five years as an executive director and CFO at Asda. He has also held the position as director at Boots, Tesco…
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Jan- 2020 -10 JanuaryHigh Street
B&M reports ‘slower performance than anticipated’ in its third quarter
B&M has reported a “slower performance than anticipated”, despite a 9.3% increase in group revenues during its third quarter. Over the 13 weeks to 28 December, revenues across its UK stores increased by 8.8% including like-for-like growth of 0.3% for the quarter, against the “backdrop of a challenging broader retail…
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Nov- 2019 -12 NovemberHigh Street
B&M profits plunge by 70% due to ‘disappointing’ German partner
Discount retailer, B&M has reported a 70% drop in profits from £59.5m to £32.3m during the first half of the year attributed to increased costs at its German Jawoll fascia. For the 26-week period ending 29 September, the retailer’s group adjusted profit before-tax decreased by 2.8% to £96m in comparison…
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Jul- 2019 -24 JulyHigh Street
B&M revenues surge during first quarter
Discount retailer B&M has posted a revenue growth of 13.8 in Q1. Revenue relating to the period from 31 March 2019 to 29 June 2019 was £738.9m, compared with £649.2m for the same period last year. Group revenue, which includes brands Heron Foods, Jawoll and Babou increased by 21.4% to…
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May- 2019 -23 MaySupermarkets
B&M plans 50 more stores amid profits and sales boost
Discount goods retailer B&M has revealed it is planning on opening another 50 stores this year amid posting an uptick in both sales and profits. For the full-year period ending 30 March B&m said profit before tax increased by 9% to £249.9m and revenues surged 17% to £3.5bn.B&M’s UK stores…
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Jan- 2019 -11 JanuaryHigh Street
B&M shrugs off Christmas retail woes with strong revenue growth
Bargain retailer B&M has reported a 12.1% increase in group sales revenue growth for the 13 weeks to 29 December 2018. UK sales revenue for the period also increased by 4.5% to £874.5m, compared with £837m last year, however, life-for-like sales decreased by 1.6%, against the increase of 3.9% in…
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Nov- 2018 -13 NovemberHigh Street
B&M posts double-digit sales and profit growth
B&M has announced a double-digit increase in both group revenues and profit before tax in the 26 week period ending 29 September. The discount retailer saw group revenue jump 16% to £1.56bn during the period as profit before tax increased by 32.5% up to £115m compared with the £86.6m recorded…
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