All B&M Bargains articles – Page 2
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AnalysisPrice cuts vs promotional offers: what have the discounters decided?
As more customers turn to discount retailers during the cost-of-living crisis, Retail Week takes a look at what changes the value sector is making to appeal to a wider range of customers
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NewsWilko redundancies on hold while rescue bids considered
Redundancies at Wilko have been put on hold while last-minute rescue bids for the troubled retail chain are considered.
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Opinion‘Wilko’s demise doesn’t mean the death of the high street’
The collapse into administration of Wilko has been seen as symbolic of an ongoing ‘death of the high street’ as the town centres in which it mainly operates face the prospect of yet more shuttered stores – some in places where former Debenhams or Topshop stores may still stand empty since they toppled.
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NewsPoundland and B&M circle 150 collapsed Wilko stores
Poundland owner Pepco Group and B&M European Value Retail, which trades as B&M, are reportedly in talks to acquire around 150 of Wilko’s stores, following failed attempts to find a buyer for the whole group.
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NewsB&M and Poundland in running to save Wilko
Value retailers including B&M and Poundland are eyeing possible bids for struggling retailer Wilko after it fell into administration.
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Opinion‘Wilko may look like Woolies 2.0, but it could still have a future’
Wilko may be teetering on the brink of administration, but the retailer is not necessarily destined to go the same way as its general merchandise predecessor, says George MacDonald
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NewsB&M to keep group trading director in multimillion-pound deal
B&M has received a long-term commitment from its group trading director Bobby Arora, which will see the value retailer hand out millions to him in bonuses.
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NewsB&M boosts first-quarter sales as shoppers seek value
B&M has grown revenue by 13.5% in the 13 weeks to 24 June, 2023, as shoppers search out value during the cost-of-living crisis.
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NewsB&M delivers mixed results as profits decline and revenues rise
B&M has reported a dip in profit as well as growth in revenue and its chief executive says it has battled with “major economic headwinds” and “material cost pressures”.
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DataRanking: The fastest-growing value retailers revealed
In the cost-of-living crisis, affordable retailers have never been more relevant to price-conscious consumers, but which have been making the most of the mood of the nation? And which are set to turn market share into future growth? To find out, the Retail Week analyst team has tracked group sales across 15 of the biggest value retailers and analysed their compound annual growth rate (CAGR) to predict how much bigger they’ll be in five years’ time
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Retail VoiceWinning share of wallet with Gen Z and millennial shoppers
With retailers keen to understand what makes younger consumers tick, and more importantly spend, American Express unveils research into this generation of shoppers, says Dan Edelman at American Express
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NewsExclusive: B&M pulls the plug on ecommerce home deliveries
B&M has abandoned online home delivery after a trial period had previously been available to customers on its website.
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AnalysisAnalysis: The most unexpected retail TikTok stars of 2022
From trendy sportswear brands like Gymshark to cutting-edge tech giants like Apple, some retailers are social media naturals that grow from the moment they arrive on TikTok, whereas others have to work a little harder to win their audience.
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NewsB&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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AnalysisShopper survey: How cash-strapped consumers plan to cut spend this Christmas
Sweet treats face being cut from Christmas shopping lists this festive season as cash-strapped consumers look to make ends meet, according to new research carried out for Retail Week
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Opinion'Difficult trading conditions offer a good opportunity to accelerate renewal'
While many retailers will approach uncertain conditions by looking to reduce costs and scale back, arbitrarily cutting investment is not a long-term approach, believes Lisa Hooker
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AnalysisRetail 100: Five names forecast to have a huge impact in 2023
The 16 people Retail Week predicts will either be at the helm of UK retailers in the next few years or are already leading a burgeoning brand set to become an even bigger name
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AnalysisAnalysis: Five things you need to know about value giant B&M
Value giant B&M has reported a group revenue fall of 2.2% in its latest quarter, but there was also ”an improving trend” over the period.
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AnalysisC-suite data: Iceland, Primark, Pizza Hut and B&M reveal store strategy
Iceland managing director Richard Walker, Primark group property director Tom Meager, Pizza Hut chief business development officer Mike Spencer and outgoing B&M chief executive Simon Arora have spoken to Retail Week about their stores and property strategy for a landmark new report, Rents, rates, reform.
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AnalysisAlex Russo: The man stepping into some of retail’s biggest shoes as B&M boss
Taking the helm of a business from an entrepreneurial founder is often a challenge. On top of that, new B&M chief executive Alex Russo is facing volatile market conditions that already mean profits this year are likely to be below last.