
B&M plans more store openings as yearly sales jump
The IndependentFor 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

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