B&M news and analysis – Page 3
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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
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NewsCity snapshot: B&M posts double digit sales and profit growth
B&M Bargains owner B&M European Value Retail has posted a double-digit hike to sales and profits in the first half as organic growth and new store openings boosted performance. Plus updates from WH Smith, Tate & Lyle, Domino’s Pizza Group, Henkel and Chapel Down
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NewsStandalone Wilko stores to return to the UK under ‘aggressive’ rollout plans
The Wilko brand owner CDS International has unveiled an “aggressive” expansion plan aimed at rebuilding the discounter’s UK footprint
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Comment & OpinionTesco boss continues to make strides against Aldi’s price challenge
Tesco boss Ken Murphy didn’t play ball when asked about Tesco versus Aldi price gap
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News1,000 more Wilko job losses expected in B&M ‘premises only’ deal for 51 stores
It follows 1,332 Wilko redundancies already confirmed, made up of 299 in two distribution centres, 17 in its digital operations department and 1,016 in 52 stores which are to close next week
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NewsB&M agrees to buy 51 Wilko stores as hopes for wider rescue fade
The announcement has been taken as a sign that a rescue of Wilko’s remaining 350 stores and brand is unlikely
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Analysis & FeaturesEight ways retail sector will change, according to the RSC
From discounter proliferation to online failures and less tax for the Treasury, how the Retail Sector Council sees the industry’s near future
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Analysis & FeaturesHow ‘loved’ high street discount retailer Wilko came to trouble
Wilko is in a struggle for survival, having last week filed a notice of intention to appointment administrators
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NewsCity snapshot: B&M UK first quarter sales up 9.2% on grocery and home growth
B&M Bargain’s owner B&M European Value Retail has posted double-digit first quarter growth driven by strong like-for-like growth in the UK