All B&M Bargains articles – Page 5
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NewsB&M completes sale of German business
Value retailer B&M has completed the sale of its German business Jawoll, five months after opening a strategic review into its performance.
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NewsB&M poaches rival Wilko’s finance boss Russo
B&M has snapped up general merchandise competitor Wilko’s chief financial officer Alex Russo for the same role at its own business.
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NewsB&M books Christmas sales uplift despite ‘difficult’ retail backdrop
B&M has recorded an uplift in sales over the festive period, although boss Simon Arora says the value retailer posted “a slower performance than anticipated.”
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AnalysisFrom horsemeat to the Crystal Methodist: most memorable moments of the decade
Retail Week looks back at the most groundbreaking retail stories of the 2010s.
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OpinionOpinion: Should B&M say auf wiedersehen to Germany?
The usually infallible B&M posted a subdued set of interim results this morning.
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NewsB&M reviews German business as profits tumble
B&M’s profits spiralled as the German arm of the business was “impacted by trading and operational issues”.
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AnalysisAnalysis: Will Christmas cheer beat festive fear as election looms?
The golden quarter is underway against a backdrop of worrying predictions on consumer spending, Brexit chaos and a possible general election. Retail Week looks at the industry’s prospects at this crucial time of year.
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NewsB&M posts ‘record-breaking’ sales
B&M has posted increased sales during its first quarter which boss Simon Arora hailed as its “third consecutive record Easter trading period”.
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NewsB&M profits rise driven by rapid store expansion
B&M has posted a jump in full-year profits despite ongoing struggles in the German market, driven by its rapid store expansion programme.
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NewsB&M sales dip after 'difficult' November
B&M suffered a 1.6% fall in like-for-like revenues in its third quarter.
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with festive figures from M&S, Tesco, John Lewis, Sainsbury’s and Morrisons all on the agenda.
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AnalysisAnalysis: Has B&M bitten off more than it can chew?
On the surface, B&M’s interim results would be the envy of many a high street operator, with pre-tax profit up 32.5% to £115m and group sales up 16% to £1.5bn.
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NewsB&M like-for-likes creep up as profits rocket
B&M has reported soaring profits at its half-year mark despite UK like-for-likes only rising slightly.
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AnalysisWhy B&M has made a French connection with Babou deal
B&M’s latest acquisition is French discount chain Babou – who is the retail chain and how will it benefit the general merchandise behemoth?
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OpinionOpinion: Bricks and mortar are alive and kicking
Lord Kirkham is unequivocal: physical stores have had their day, but not so in my book.
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NewsB&M fined record £480k for selling knives to children
B&M Bargains has been hit with a £480,000 fine for repeatedly selling knives to underage shoppers as young as 14.
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NewsB&M hails ‘strong’ first quarter in 'sluggish' market
B&M has hailed a “strong” start to its financial year after like-for-like sales increased 1.6% during its first quarter.
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OpinionJohn Roberts: Complacency has killed high street jobs
The death of the high street is a much-used term, but some bricks-and-mortar retailers are starting to pay the price for not inventing their own future.
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OpinionOpinion: Improving is not winning in retail
The roll call of failed or struggling retailers is growing: Toys R Us, Maplin, Poundworld, Carpetright, Mothercare, House of Fraser.
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AnalysisTaking a pounding: winners and losers in value retail
This week yet another retailer fell victim to the gruelling conditions on the high street when Poundworld plunged into administration, putting 5,100 jobs at risk.