All B&M Bargains articles
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NewsB&M CFO resigns as international freight issue sees profit forecast trimmed
Value retailer B&M has announced the resignation of its chief financial officer, after an issue with international freight costs caused it to revise its profit forecast for the financial year.
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Opinion‘B&M shouldn’t throw baby out with bathwater as it downgrades store standards’
The back to basics strategy being enacted by B&M’s new chief executive makes sense but these days that must include store standards, believes George MacDonald
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AnalysisThe City’s verdict after B&M goes ‘back to basics’
Yesterday, value retailer B&M’s new chief executive unveiled a “decisive” plan to get the brand back on track after it issued a profit warning. Here’s how the City responded to his “back to basics” approach.
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NewsB&M unveils turnaround plan after issuing profit warning
Value retailer B&M has launched a “decisive” turnaround plan, after issuing a profit warning for the first half.
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NewsB&M reports like-for-like revenue growth in the first quarter
The value retailer saw group revenues increase by 4.5% in constant currency for the 13 weeks ending 28 June, 2025.
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Opinion‘Gone for £1, but Poundland could still coin it in again’
It’s been sold for a quid and restructuring looms, but Poundland’s value for money proposition can still profitably draw in shoppers if it refocuses on traditional strengths, argues Retail Week executive editor George MacDonald
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NewsB&M performs ‘below expectations’ as UK like-for-like sales decline
Value retailer B&M has recorded a dip in UK like-for-like sales as it said the group’s performance fell “below expectations”.
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AnalysisTjeerd Jegen: The globetrotting retail journeyman tasked with turning B&M around
Nearly two weeks ago, struggling value giant B&M announced it had appointed Tjeerd Jegen as its next chief executive.
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NewsB&M appoints new chief executive with transformation track record
Value retailer B&M has named a new chief executive.
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NewsB&M names interim CEO as Russo departs
B&M group chief finance officer Mike Schmidt has been appointed as interim chief executive at the value retailer.
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NewsB&M 'making progress' on new CEO as UK like-for-like sales fall
B&M said it was “making progress” on a new chief executive and would make an announcement in the coming weeks.
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NewsFormer Morrisons boss emerges as prime candidate to lead B&M
The former boss of supermarket chain Morrisons has emerged as a frontrunner to take the reins at B&M following its chief executive’s departure.
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Opinion‘The future of struggling Poundland is likely to be revealed next week’
In the current trading environment, value specialist Poundland should be flying. It’s not.
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NewsCo-op, M&S, B&M among top retailers for female representation on boards
Women occupied 43% of roles on major company boards in 2024, according to a government-backed report.
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NewsB&M CEO to step down as the discounter cuts its profit guidance again
B&M has announced its chief executive is retiring as the discounter cuts its profit guidance for a second time this year.
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NewsRetail share prices battered despite strong Christmas performances
Leading retailers’ share prices have taken a hammering despite some of the biggest names posting strong Christmas performances.
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NewsB&M has driven profit and sales growth over golden quarter trading period
Value variety retailer B&M has recorded a rise in profit and sales following “disciplined operational execution” over the golden quarter trading period.
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NewsB&M reports revenue growth as it is ‘well positioned’ ahead of peak trading
Value retailer B&M has reported a growth in sales and revenue as it said it is “well positioned” for golden quarter as it continues to focus on “price, product and standards”.
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Retail Navigator AnalysisB&M (Financials)
B&M total sales rose 10.1% to £5,484m in the year to end-March 2024 (FY2023) amid strong trading from new stores and like-for-like growth across all three businesses - B&M UK, Heron and B&M France. Group operating margin came in at 11.1% in FY2023 as operating profit grew 13.4% year on year to £608m, while statutory pre-tax profit rose 14.2% to £498m with a margin of 9.1%.
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AnalysisA year since its collapse, where should Wilko focus to win back customers?
It’s been one year since value retailer Wilko fell into administration, which saw the beloved high street chain close 400 stores and cost 12,000 people their jobs.