Archive of all B&M articles – Page 5
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B&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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B&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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First 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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Media 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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UK 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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B&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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Former 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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B&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.
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B&M aims for 60 new locations on back of huge profit rise
Maiden full-year results see pre-tax profit climb 55.5% from £86.7m to £135m and adjusted EBITDA up 33.6% from £130.4m to £174.2m
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Private equity firm CD&R sells a further 12% stake in B&M
B&M Bargains could be heading for the FTSE 100 after former private equity owner Clayton Dubilier & Rice floated another 120 million shares in the value retailer.
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B&M Bargains' shares rise on Christmas sales uplift
B&M Bargains’ shares were up by over 5% this morning after it reported a like-for-like sales uplift of 4.5% in the 13 weeks to 27 December.
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B&M European Value Retail growth boost of nearly 30%
Most grocery retailers would kill for any kind of growth at the moment…
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B&M in talks to buy stores after 30% first half growth
B&M European Value Retail is in talks with six retailers to buy more stores as it looks to match its rapid revenue growth by expanding its estate.
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