Home Bargains
This coverage focuses on Home Bargains, a leading UK discount retailer renowned for offering top-brand products at competitive prices. Explore updates on store openings, including recent launches in Enniskillen and plans for a second Inverness location. Stay informed about the company’s expansion strategy, which aims to increase its store count from over 600 to between 800 and 1,000 locations across the UK. Insights are tailored for retail professionals, brand managers, and business executives seeking to understand Home Bargains’ impact and trajectory in the UK retail sector.
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Sep- 2025 -22 SeptemberHigh Street
Home Bargains ramps up operations at new automated distribution centre
Home Bargains has revealed its new Omega automated distribution centre is now servicing 200 stores across the UK. The centre intakes over 25,000 pallets of stock each week, picking and dispatching almost 2 million cases, equating to over 50,000 cages of stock, and over 1,000 store deliveries, weekly. Over 60%…
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3 SeptemberSupermarkets
Sainsbury’s to trial facial recognition tech in two UK stores
Sainsbury’s will reportedly begin an eight-week trial of facial recognition technology in two stores this week, with the possibility of expanding the scheme nationwide, according to The Standard. The technology, provided by Facewatch, will be introduced at the Sydenham superstore in London and the Bath Oldfield Sainsbury’s Local. It will…
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Jul- 2025 -9 JulyFeatures
Can generalist retailers survive in today’s retail environment?
Last month B&M posted results which saw its profit-before-tax fall 13.2% to £431m, with the company’s UK revenues falling 3.1% as a result of inflation. While the headline figures may appear troubling, the company remains optimistic about its future especially as it is embarking on an expansion drive. The bigger…
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May- 2025 -7 MayFeatures
Poundland: what does the future hold for the discount retailer?
Poundland, once the epitome of the UK’s discount retail scene, finds itself at a crossroads as it navigates shifting consumer behaviors, rising operational costs, and an evolving market landscape. As the cost-of-living crisis deepens and consumer preferences shift, the discount retail sector faces a host of challenges. For Poundland, staying…
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Apr- 2025 -30 AprilPeople Moves
B&M’s chief financial officer appointed interim CEO
B&M has announced the appointment of chief financial officer Mike Schmidt to the role of interim chief executive, effective immediately. The news comes as former chief executive Alex Russo, who joined the discounter in 2020, officially retired today (30 April) after three years in the role. In a very short…
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Mar- 2025 -17 MarchHigh Street
Ex-Morrisons boss touted for B&M CEO role
Former Morrisons boss David Potts is reportedly among the leading candidates for the CEO role at B&M, according to The Sunday Times. Potts has reportedly been in talks with the bargain retailer for weeks about the position, which became vacant following Alex Russo’s departure last month. Sources familiar with the…
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Jan- 2025 -8 JanuaryNews-In-Brief
Today’s news in brief-8/1/25
Home Bargains owner Tom Morris took home over £1bn in dividends as the discount retailer saw turnover rise 11.7% to £4.2bn in the year ending June 2024, driven by new store openings and re-sites. Operating profit also surged 34.2% to £434m. Morris, owning 98% of parent company TJ Morris, received…
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8 JanuaryDIY
Home Bargains owner takes home over £1bn in dividends
The billionaire owner of Home Bargains has paid himself more than £1bn in dividends after the discount retailer welcomed rising sales and profits in its latest full-year results.Tom Morris, who owns 98% of parent company TJ Morris, received the majority of the £1.22bn in available ordinary dividends and asset distributions…
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Nov- 2024 -29 NovemberDIY
Kingfisher and M&S eye remaining Homebase sites
Kingfisher and Marks and Spencer are reportedly eyeing more than 20 of Homebase’s stores after the DIY company fell into administration earlier this month.According to Sky News, the two companies are among several retailers circling the remaining Homebase estate ahead of a deadline for offers today (29 November). The two…
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Oct- 2024 -15 OctoberHigh Street
Poundstretcher bolsters leadership team with host of senior appointments
Poundstretcher has announced a series of senior appointments within its commercial and store operations teams to help fuel its growth plans. Miles Foster joins the executive team as group operations director after a 35-year career at Morrisons. In his new role, he will lead over 300 stores and oversee the stores…
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