B&M news and analysis – Page 5
-
NewsLockdown sales surge helps B&M reach FTSE 100
The coronavirus crisis has helped propel B&M Bargains owner B&M European Value Retail into the FTSE 100, six years after making its stock market debut.
-
NewsAlex Russo to take over as B&M chief financial officer in November
Russo will become CFO and executive director of the company on 16 November following a handover from Paul McDonald
-
NewsB&M sells FFP2 face masks as part of new range
FFP2 masks are recommended for clinical use by the World Health Organization
-
NewsB&M offers hope to workers affected by Poundstretcher restructure
Poundstretcher’s rapidly growing rival said it wanted to hear from people affected by redundancy or restructures
-
NewsCity snapshot: DIY and gardening sales boom boosts revenues at B&M
B&M European Value Retail has announced today it has seen a double digit jump in like for like sales during the lockdown period, despite a “significant fall” in customer numbers. Plus trading updates from Eage Eye, Young’s and all the rest of the latest news from the City.
-
NewsB&M to temporarily close 49 stores
The 49 closures were typically of smaller branches, including some in shopping centres
-
NewsCoronavirus: B&M prioritises food and toiletries over general merchandise
The variety discounter has turned its warehouses and lorry fleet to focussing on getting the products most in demand to stores
-
NewsCity Snapshot: B&M sells German business for €12.5m
B&M Bargains owners B&M European Retail has sold its loss-making German arm Jawoll to a consortium of German investors for €12.5m (£10.9m). Plus, The Bank of England has slashed interest rates back to a historic low of just 0.25% as an emergency response to the coronavirus outbreak and all the rest of the latest news from the City.
-
NewsB&M adds promise of fresh fruit & veg range to website
Hidden website page tells shoppers they will find fresh fruit & veg at their ‘closest B&M’
-
Comment & OpinionChilli calendar offers spicy seasonal mornings
Cheese, tea, beauty products… the unusual Advent calendar is now officially A Thing
-
NewsNew multi-temperature B&M warehouse to supply stores from September
A decision on rolling out fresh and frozen in B&M stores is to be taken once facility is operational
-
NewsCity snapshot: B&M targets more than 40 new stores as Q1 sales surge
B&M European Value Retail is on track for a net 24 new B&M UK fascia stores in is full financial year and 15-20 Heron Foods. Plus, Britvic reports third quarter sales decline, PayPoint Q1s up 3.6%, second quarter volumes rise at Coca-Cola and all the rest of the latest news from the City.
-
NewsB&M to favour ‘Express’ banner in Heron Foods expansion
B&M began adding ‘Express’ to its name to rebrand Heron Foods stores last year
-
NewsB&M reveals plans to expand Heron Foods beyond northern heartland
The new ‘B&M Express’ fascia is expected to be used for expansion into the south
-
NewsCity sours on B&M over core business slowdown
B&M Bargains has been a rare beacon of hope for the beleaguered UK high street, but investors gave the group’s annual results the cold shoulder this week despite its stellar growth.
-
NewsStore openings boost annual growth at B&M Bargains
B&M Bargains owner BME European Value Retail has delivered another “strong” annual performance with a double-digit rise in sales and underlying earnings.
-
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
-
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.
-
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%.
-
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