Archive of all B&M articles – Page 5
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Comment & OpinionThe key to success as a variety discounter? Copy B&M
Bargain World this week opened the first of 25 planned stores. It’s following the B&M multi-price model – and it’s right to do so
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NewsCity snapshot: B&M acquires French discount chain Babou for €91.2m
B&M Bargains owner BME European Value Retail has agreed to buy French general merchandise retailer Babou. Plus, Casino owner Rallye has has received an offer for its Courir sports business from private equity group Equistone Partners.
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NewsHeron Foods deal boosts annual earnings at B&M
B&M European Value Retail blew off turmoil on UK high streets as its annual profits jumped 25.4%.
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NewsAldi and B&M both to open new DCs in Elstow, Bedfordshire
Planning permission has been granted for an 800,000 sq ft Aldi facility and one million sq ft B&M site
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NewsCD&R sells remaining 5% B&M Bargains stake for £200m after bumper Christmas
The private equity backers of B&M Bargains has sold its remaining 5% stake in the discount chain for £200m, cashing in on a bumper Christmas for the business.
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NewsCity snapshot: B&M Bargains sales soar in Christmas run up
The march of the discounters continues this morning as B&M Bargains unveils strong results in the run up to Christmas, driven by a “robust” performance of its grocery and fmcg ranges. Plus, Conviviality announces raft of organisational changes, with Mark Aylwin leaving the group.
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NewsB&M to introduce frozen lines following Heron takeover
B&M bought frozen discounter Heron for £152m in August
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Analysis & FeaturesAll you need to know about the B&M takeover of Heron Foods
What is the rationale behind the latest convenience shake-up?
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NewsB&M Bargains snaps up Heron Foods in £152m deal
B&M said its initial plans to expand and develop the Heron business include opening between 10 and 20 new stores per annum.
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NewsCity snapshot: Organic growth and new stores drive bumper year for B&M
B&M European Value Retail has recorded a double-digit rise in sales and profits driven by increased organic growth and its rapid store roll-out programme
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NewsB&M issues £250m bond to support growth plans
The owner of the B&M Bargains retail chain is issuing £250m on bonds to refinance existing debt and boost its future growth plans.
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Analysis & Features"Well positioned" B&M benefits from Christmas momentum
As general retailers suffered this week on a gloomy outlook for 2017, the City rushed to grab a piece of B&M European Value Retail, with discounters seen as a safe haven in uncertain times.
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NewsB&M shares sparkle on bumper Christmas
Shares in B&M European Value Retail have soared 8.5% after the discount chain recorded its best ever Christmas
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NewsB&M Bargains profits from rapid store expansion but prices to rise
B&M Bargains warns prices in store are likely to rise in 2017 because of the slump in the value of sterling as sourcing from China gets more expensive.
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NewsFirst quarter like-for-like sales flat at B&M Bargains
B&M European Value Retail, owner of B&M Bargains, has reported flat UK like-for-like sales in its first quarter trading update this morning
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NewsMedia Bites 27 May: B&M Bargains, Tate & Lyle, BHS
“Bargain retailer B&M delivers premium results”, write The Times (£) this morning after the B&M Bargains owner saw sales top £2bn last year.
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NewsUK store openings drive B&M's revenues above £2bn
B&M Bargains owner B&M European Retail saw revenues top £2bn in the year to 26 March 2016, driven by new store openings.
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NewsB&M hands audit contract to KPMG
B&M has ended its 18-year relationship with Grant Thornton as chooses a new auditor.
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NewsFormer B&M owners sell £408m worth of shares
The Arora family, founders of the B&M Bargains retail chain, and its former private equity owners have sold a further 12% of B&M European Retail for over £400m.
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NewsB&M Bargains accelerates store opening plans
B&M Bargains is accelerating its store opening plans this financial year and now expects to add 80 net new outlets to its portfolio.