B&M news and analysis – Page 2
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NewsB&M boss Alex Russo to step down as chain issues another profits warning
B&M boss Alex Russo is to step down from his position at the discounter as it downgraded its profits guidance for the second time this year
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NewsCity snapshot: Just Eat set to be acquired and B&M boss Alex Russo to step down
Just Eat Takeaway has agreed to a €4.1bn offer from Dutch investment group Prosus. Plus, B&M CEO Alex Russo to step down as the discounter issues another profits warning
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NewsBoozy ‘milkshake liqueur’ duo lands in B&M stores
Cream liqueurs were ‘shrugging off their traditional festive associations’ said Continental Wine & Food
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Comment & OpinionLidl has come out punching in 2025. What is making it so confident?
Lidl has come out swinging in 2025, with a price comparison campaign targeting an array of rivals
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Comment & OpinionB&M’s low-tech strategy is failing to impress investors
A change of strategy is likely on the cards for B&M, says Orwa Mohamad, senior analyst at Third Bridge
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NewsB&M shares tumble after profit guidance cut
B&M’s trading over the Christmas period was weaker than expected
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NewsCity snapshot: Tesco and M&S celebrate a record Christmas as shoppers splash out
Tesco and Marks & Spencer have revealed strong Christmas numbers this morning as consumers splashed out on premium ranges for the big day. Plus, Christmas trading updates from Hilton Food Group, B&M Bargains and Greggs, with the latest shop price inflation data from the BRC and NielsenIQ
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NewsMedia Bites 15 November: Ben & Jerry’s, UK pubs, WH Smith, Post Office
Ben & Jerry’s is suing its parent company Unilever, accusing the behemoth of blocking it from making public statements of support for Palestinian refugees
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NewsCity snapshot: Premier Foods boosted as shoppers switch back to brands
Premier Foods has grown first-half sales supported by double-digit volume growth as consumers switched back to brands. Plus, annual results at WH Smith and interims at B&M Bargains
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NewsB&M risking M&S spat over festive light-up gin, say trademark lawyers
M&S has proved fiercely protective of its light-up gin liqueur and last year successfully sued Aldi over a copycat version
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Analysis & FeaturesAs inflation recedes, has the tide turned on discounter growth?
New figures show Aldi is now in negative growth, and variety discounters that once were riding high are also going backwards
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NewsCity news: B&M shares wobble despite record sales and profits
Shareholders were spooked by a lack of clarity on guidance and current performance
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NewsCity snapshot: B&M sales and profits rise on new store openings
B&M Bargains owner B&M Europan Value Retail saw an uplift in sales and profits last year, driven by volume growth and new store openings
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NewsPoundland closes nine former Wilko stores
A Poundland spokesman said affected staff had been offered roles at nearby stores in all cases
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NewsCity News: B&M sales jump 10% but City remains unconvinced
Discount retail group B&M European Value reported an annual sales jump of over 10% this week, but concerns swirled in the City over the rate of growth slipping back in its final quarter despite a boost from the early Easter
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NewsCity snapshot: B&M annual sales up 10% but growth slows in 2024
Discount retail group B&M European Value grew annual revenues by over 10% to £5.5bn, but the rate of growth has slipped back in the final quarter of its financial year
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Analysis & FeaturesFestive sales: the winners and losers of Christmas 2023
A flurry of trading results are in. So where did Santa shop the most this Christmas? And who will be starting 2024 with a new year hangover?
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NewsHeron Foods offering ‘market leading’ £15 Christmas dinner for second year
The frozen Christmas dinner deal, which works out at £3.75 a person, includes a turkey joint with all the trimmings
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NewsHorlicks brings back ‘malty’ tablets for 150th anniversary
First launched in the 1930s, the tablets had disappeared from sale in the UK by the turn of the century