All Home Bargains articles
Home Bargains is a discounter that specialises in selling branded general merchandise at low prices, with product categories including household goods, food, clothing and toys. Around 30% of the range comprises clearance lines. The retailer trades through 580 stores across the UK. The family-owned retailer has been in business for over 40 years, since its inception in Liverpool in 1976, and continues to be run by its founder, Tom Morris and his brother Joe. The retailer has run an operational ecommerce website since 2011.
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News
Home Bargains is closing all of its stores for three days over the Christmas period
Value retailer Home Bargains will close all of its UK stores for three days over the festive period, allowing colleagues to enjoy time off with loved ones.
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Data
Revealed: The most-popular value retailers online
With the value sector remaining popular with UK shoppers, Retail Week teamed up with SimilarWeb to track which discount retailers have been seeing the most traffic to their websites over the past two years
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News
Home Bargains owner targets 1,000 stores after profit boost
TJ Morris, owner of discount retailer Home Bargains, has posted a rise in sales and profit as it looks to open more stores.
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Data
Ranking: The top 30 biggest retailers in the UK and where they’ll be in three years
Asos gets the boot, the discounters hit peak growth, Shein soars and more in our annual ranking of the 30 biggest UK retailers and where they’ll be in three years
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Analysis
Price 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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News
Home Bargains adds bakeries to UK stores
Home Bargains has added in-store bakeries to 64 of its stores across the UK with plans to open more over the coming year.
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Data
Ranking: 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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Analysis
Analysis: 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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Retail Navigator Analysis
Home Bargains (Overview)
Home Bargains is a fast-growing discounter that specialises in selling branded general merchandise and food at low prices. Around 30% of the range comprises clearance lines.
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Retail Navigator Analysis
Home Bargains (Financials)
Home Bargains saw a return to double-digit sales growth in the year to 30 June 2023 (FY2022), with owners TJ Morris posting a 10.4% rise in revenues to £3,774m. The retailer said growth was achieved through the opening of additional stores during the year, shop relocations and an increased contribution from existing stores.
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Retail Navigator Analysis
Home Bargains (SWOT)
Home Bargains is among the largest discounters in the UK, with elevated margins thanks to its tight control of costs. It is still under-represented in the south and could benefit from accelerating its focus on ecommerce in line with consumer trends.
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Retail Navigator Analysis
Home Bargains (Strategy)
Home Bargains sells branded groceries and general merchandise at the lowest possible prices. It does this through an opportunistic sourcing strategy, with 30% of the range comprising end-of-lines and clearance products.
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Retail Navigator Analysis
Home Bargains (People)
Home Bargains is still very much run as a family business. TJ Morris, the corporate entity behind the Home Bargains discount operation, was founded in 1976 by Tom Morris aged just 21 and he remains in charge to this day as managing director.
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Analysis
Who will be retail’s winners and losers of 2020?
Who will rise to the top in 2020 and who will struggle? Retail experts share their tips for the year ahead
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Data
Data: M&S Simply Food tops list of UK’s favourite retailers
M&S Simply Food has wrestled back its crown as the UK’s favourite retailer, according to exclusive data from consultancy OC&C.
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News
Home Bargains profits climb as it plans to double store footprint
Home Bargains’ full-year sales passed the £2.5bn milestone as the business ramps up for aggressive bricks-and-mortar expansion.
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Analysis
Who will be retail's winners and losers of 2019?
Who will thrive in 2019 and who will flounder? Retail experts share their tips for the year ahead.
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News
Home Bargains profits soar as sales surpass £2bn
Home Bargains has recorded a spike in full-year profits as it plots an aggressive store expansion drive.
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Analysis
The disruptors: Who are the new value retail players?
The value sector is the latest focus of Retail Week’s ‘The disruptors’ series, which looks at the businesses creating waves across the industry.
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Analysis
What Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.