B&M news

25 May 2017
B&M has announced double-digit sales and profit figures for the 52 weeks ending 25 March 2017. Total group revenues up 19.4% B&M has had a strong trading year, with total group revenues up 19.4%. UK sales grew by 18.4% to £2,252m while the company's German business Jawoll grew 34.4% to £178.4m. Like-for-like sales for the UK improved year-on-year significantly to 3.1% from 0.9%, with H2 LFL...
04 January 2017
B&M has reported a strong sales performance for the 13 weeks to 24 December 2016 following a record Christmas trading period. Q3 UK revenue up 20.7% B&M's group revenue for the 13 weeks rose 20.5% to £741.1m. The UK business saw sales grew 20.7%, with like-for-like sales up 7.2%. This positive performance is down to strong product sales, improved in-store standards, and better service lev...
24 November 2016
Three years on from Asda bringing Walmart Black Friday to the UK, retailers are deploying learnings from previous experience to create an event that attracts pre-Christmas footfall without disrupting store operations or risking customer disappointment.   Here we round up the activities of the major players. Tesco: Event extended to 11 days This year Tesco has broadened its Black Friday ev...
16 November 2016
B&M has revealed double-digit sales and profit figures in its latest results for the 26 weeks to 24 September 2016. Group revenues up 18.9% Group revenues increased to £1,105.9m, up 18.9% (17.7% at a constant currency), with B&M up 18.0% to £1,017.0m and Jawoll up 29.6% to £88.9m. Group adjusted profit before tax increased by 17.2% to £77.9m, up £11.5m on the previous year. Like-for-li...
15 August 2016
UK variety discounter B&M continues to grow, recently reaching a milestone by opening its 100th garden centre store. Latest store opening in Salisbury The new B&M Home Store with Garden Centre has opened in Dolphin Retail Park in Salisbury. B&M opened its first garden centre store in 2011, and it seems that branching out in to this new market has been a successful move for the discount...
28 July 2016
We visited the UK's latest discount concept at its first store in Hinckley, Leicestershire, to see what they new retail is doing differently to attract shoppers in such a competitive retailer environment. GHM! (Guess How Much!) and sister clothing company PEP&CO are new retail brands by  Pepkor UK , established by ex-Asda CEO Andy Bond, and backed by South African retail group, Pepkor. ...
14 July 2016
B&M has reported double-digit Q1 sales growth for the 13 weeks to 25 June 2016, however like-for-like sales have fallen flat. Sales up 21.5% to £554.8m Variety retailer B&M has revealed a strong Q1 performance with sales growing by 21.5% to £554.8m (UK: £508.1m and Germany: £46.7m). However, metrics are down on the previous year, reflecting challenging trading conditions. UK like-for-l...
07 June 2016
Following  recent positive annual trading results , we explored each of B&M's UK store formats. Here we summarise what makes B&M and its suppliers stand out in the discount market. Grocery: important to the offer B&M's three formats are Bargains Store, Home Store and Home Store with Garden Centre. In all three, the customer journey starts with 'Manager's Special' grocery, which is ...
07 June 2016
In an interview with The Times, Lennart Lajboschitz, founder of international discount chain Flying Tiger (recently rebranded from Tiger), talks about the retailer's proposition and plans to grow. Creating an emotional connection Lajboschitz talks about making products emotional, therefore creating an experience between the consumer and product, which is where the magic of this successf...
26 May 2016
B&M has revealed positive sales and profit figures for the 52 weeks to 26 March 2016 as well as record store openings, making it a successful year for the discounter. UK LFL sales up 0.3% as turnover exceeds £2bn Total sales for the business in 2015/16 exceeded £2bn for the first time, up 23.6% year-on-year to £2,035.3m. Positive like-for-like sales at 0.3% - 2.4% on an underlying ba...