B&M plans more store openings as yearly sales jump
11 months, 2 weeks ago

B&M plans more store openings as yearly sales jump

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Discount retailer B&M has revealed its sales jumped by a tenth over the past year, as cost-conscious shoppers continued to hunt for deals. B&M European Value Retail, which also incorporates Heron Foods and B&M in France, said group revenues increased by 10.1% to £5.5 billion in the year to the end of March, compared with the previous year. In the UK, sales at B&M hit £4.4 billion, which was 3.7% higher than the previous year on a like-for-like basis, driven by customers buying more products. Alex Russo, B&M’s chief executive, said the retailer has a “relentless focus on everyday low prices, great product ranges and excellence in operational standards”.

History of this topic

B&M slashes profit forecast amid ‘uncertain’ economy as CEO plans to retire
1 month, 1 week ago
Budget retailer B&M’s shares sink as UK sales growth fizzles
2 months, 3 weeks ago
B&Q to convert five Homebase stores after £2.5m deal
2 months, 3 weeks ago
Wilko sale: B&M agrees deal to buy up to 51 stores of rival discount chain from administrators
1 year, 6 months ago
B&M in line for sales fall but looks set to benefit from switch to budget brands
2 years, 9 months ago
More than 24,000 B&M workers to get bonus after bumper Christmas
3 years, 2 months ago
B&M sees sales slip after strong trade during Covid lockdowns
3 years, 8 months ago
B&M set to post at least £590m in earnings amid pandemic gains
3 years, 10 months ago
H&M to close 250 stores as shoppers move online during pandemic
4 years, 6 months ago
H&M announces plans to permanently close 170 stores across the globe
4 years, 8 months ago
B&Q open: Which stores have reopened in the UK?
4 years, 11 months ago
India’s retail market to touch $1.1-1.3 trillion by 2025: BCG
5 years, 1 month ago
Discount retail is digging in as B&M buys 12 B&Q stores
9 years, 10 months ago
M&S to tailor its stores to affluence of local shoppers
13 years, 10 months ago
M&S celebrates profit surge with store expansion plans
18 years, 4 months ago

Discover Related