By Hanna Hua and Wendy Massey24 June 2022
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.
Variety store business B&M Group generates some £4bn of annual sales from its three divisions – B&M UK, Heron Foods UK and B&M France - and is one of the UK’s most profitable retail groups. B&M is likely to continue to grow ahead of the market – Prospect estimates that total sales will surpass £7bn by FY2026 as B&M continues to expand its presence, both physically and potentially online.
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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.
https://www.retail-week.com/value/analysis-five-things-you-need-to-know-about-value-giant-bandm/7041951.article