Archive of all B&M articles – Page 2
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News
City 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
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News
B&M reaping benefits of Lidl or Aldi nearby
The variety discounter’s latest annual report, published yesterday, highlights how its brand-focused range complements Lidl and Aldi’s more own-label focused assortment
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News
City News: B&M boosted by cost-conscious shoppers as sales soar
The rise of cost-conscious shoppers has bolstered B&M’s annual sales to almost £5bn, sending its share price soaring this week
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News
Media Bites 1 June: Iceland, price cap, inflation, petrol prices, B&M, WH Smith
There’s plenty of variety in this morning’s papers when it comes to fmcg stories.
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News
City snapshot: B&M boosted by price-conscious shoppers
Revenues at B&M have jumped 6.6% to £5bn as cost-conscious shoppers turned to discounters to help manage the cost-of-living crisis. Plus, the latest NIQ supermarket till roll data, and trading updates from WH Smith and Bakkavor.
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News
B&M drops home delivery after less than a year
The variety discounter began offering the service in June last year, covering a range of about 1,000 bulkier general merchandise products
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Analysis & Features
Power List: The 10 most influential women in the world of discounting
Female talent continues to rise to the top of the food industry, yet gender diversity is still far from perfect. Our new power list series seeks to shine a light on the high-profile women in key sectors, and explore the issues at play
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News
City News: B&M, Greggs and Next provide investors with some Christmas cheer
Bargain hunters looking to stretch budgets helped B&M and Greggs, while Next raised profit forecasts following better-than-expected festive trading.
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Comment & Opinion
Why is Wilko struggling? Look no further than B&M’s success
In a crowded and fiercely competitive variety discounter market, more shoppers are favouring B&M. Here’s why
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News
City snapshot: B&M hikes profit guidance on strong pre-Christmas trading
B&M Bargains owner B&M European Value Retail has raised its full year profits guidance after posting double-digit growth in the quarter leading to Christmas. Plus, Greggs sees ‘favourable’ Christmas trading and all the rest of the latest news from the City.
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News
Heron Foods continues to fall short of long-term estate growth plans
The B&M-owned frozen food retailer opened 16 stores in the year 26 March 2022 but also closed 11 under-performing ones as leases ended
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News
Heron Foods launches cheapest frozen Christmas dinner deal yet
It comes Tesco after launched a £25 frozen Christmas dinner deal for five earlier this month, only to be followed by a similar deal from Asda for £22
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News
City snapshot: WH Smith back in the black as travel recovery takes flight
WH Smith has swung back into the black as its travel division experienced a significant recovery from the pandemic. Plus, interims from B&M and Tate & Lyle, and Q3 updates from Haleon and Domino’s Pizza.
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News
Seabrook partners with Aunt Bessie’s to launch roast dinner flavoured crisps
Three ‘quintessentially British’ flavours have rolled into B&M and Home Bargains
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News
B&M invites shoppers to buy now, pay later with Klarna
It means shoppers can complete a purchase at checkout using the Klarna app and pay for it in three interest-free instalments
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News
City News: B&M shares fail to be boosted by solid first quarter
B&M European Value Retail shares failed to receive much of a boost despite better-than-expected first-quarter sales, as fears persisted over the impact of inflation on its customer base
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News
City snapshot: Food inflation ramps up in June as fresh prices accelerate
Food prices have raced to a new 11-year high, according to the latest shop price index from the BRC and NielsenIQ. Plus, McBride secure banking covenant waiver as it continues to battle with soaring costs; B&M issues first-quarter update; and Moonpig reveals full-year results.
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News
B&M launches online home delivery service
The online range initially consists of 1,000 general merchandise lines
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News
City News: B&M shares plummet on sales and profits downturn
B&M was a clear winner from the pandemic as its stores stayed open through lockdowns, but the City sent its shares down by double digits on Tuesday amid concerns over changing leadership and a downturn in sale and profits
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News
City snapshot: B&M names Alex Russo as new boss as sales fall back
B&M Bargains owner B&M European Value Retail has named current CFO and former Asda exec Alex Russo as CEO when current boss Simon Arora steps down as its annual results show an accelerating drop in sales. Plus, Unilever appoints activist investor Nelson Peltz to its board and all the rest of the latest news from the City.