All B&M Bargains articles – Page 13
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AnalysisAnalysis: Cost-conscious consumption is here to stay
Shopping habits have changed dramatically since the onset of the recession as consumers sought ways to spend less in the harsh economic environment. But when the good times return, which habits will remain?
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OpinionComment: Never discount the discounters
Value retailers are dominating the headlines with Poundland’s profits up 50% and Aldi’s more than doubled. But what constitutes a value retailer?
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AnalysisAnalysis: Breathing new life into secondary malls
While prime and super-regional shopping centres are grabbing the headlines, investors are starting to circle secondary malls again. Mark Faithfull looks at what new owners could mean for the market.
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NewsValue retailers climb into Rich List top 100 as Sir Philip Green's fortune increases
Retailers appeared prominently in the Sunday Times Rich List once again with Topshop tycoon Sir Philip Green’s wealth increasing and value retailers ranking in the top 100.
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InterviewQ&A: B&M Bargains boss Simon Arora says it will hit £1bn turnover this year
B&M Bargains has reported a 43% surge in pre-tax profit to £90.6m last year after US private investor CD&R bought a “significant” stake in the value retailer in December. Co-managing director Simon Arora speaks to Retail Week.
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NewsDiscounter B&M Bargains' profits rocket 43% after strong year
B&M Bargains recorded a 43% surge in profits last year as pressure on disposable income drew more shoppers to the value chain.
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OpinionComment: Only the best retailers pique private equity interest
Private equity loomed large on the retail landscape this week as it emerged Clayton Dubilier & Rice has taken a 60% stake in value retailer B&M Bargains.
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AnalysisAnalysis: B&M Bargains deal sets foundations for European growth
Private equity firm Clayton Dubilier & Rice yesterday revealed its estimated £965m investment in value retailer B&M Bargains as well as Sir Terry Leahy’s appointment as non-executive chairman. Retail Week speaks to co-managing director Simon Arora and analyses the implications of the deal.
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AnalysisSir Terry Leahy: Career highlights
Sir Terry Leahy is to take on the role of chairman at value retailer B&M Bargains, his first retail role since stepping down from Tesco. Having spent all his retail career at Tesco, here are his career highlights.
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NewsB&M Bargains sold to US private equity firm as Terry Leahy named chairman
B&M Bargains has been sold to US private equity firm Clayton Dubilier & Rice, which is set to appoint former Tesco boss Sir Terry Leahy as chairman of the value retailer.
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NewsTK Maxx circles 25 Comet stores
Discount fashion outlet TK Maxx has joined the race to secure a package of Comet stores, as administrator Deloitte prepares to close another 14 by the end of the week.
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NewsSecond round bids for B&M Bargains expected next week
Second round bids for value retailer B&M Bargains are expected by the end of next week, it is understood.
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News41 Comet stores to close by end of the month
The administrators of collapsed electricals retailer Comet have confirmed that 41 Comet stores will close by the end of the month, putting up to 1,000 jobs under threat.
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AnalysisAnalyisis: Why do US investors want to bag a value chain like B&M Bargains?
The UK love affair with value retailers seems to have spread across the pond as it emerges that US private equity groups are the main backers leading the charge for B&M Bargains.
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NewsAmerican interest in B&M bargains could spark more value buys
American private equity groups are at the forefront of the race to buy up-for-sale retailer B&M Bargains which could trigger further acquisitions in the UK value sector.
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NewsShop Direct eyes Comet brand
Shop Direct is considering buying the brand and website of ailing electricals retailer Comet, which collapsed into administration last week.
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NewsAnalysis: B&M Bargains at a glance
A cluster of private equity firms are understood to have made first round bids for B&M Bargains, with a view to either buying the value retailer entirely or injecting capital for further growth.
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NewsFirst-round bids submitted for B&M Bargains
First-round bids have been submitted by a cluster of private equity firms circling discount retailer B&M Bargains.
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NewsDiscounters bid for JJB stores following collapse
Value retailers are competing to secure the best of JJB’s closed stores after the sports retailer collapsed into administration last week.
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NewsB&M Bargains seeks partner for expansion into Europe
Variety store group B&M Bargains is on the hunt for a European partner as it plans to open on the continent following stellar growth in the UK.