B&M Profits Soar as Sales Rise
Lead: B&M is on track to exceed profit expectations with a 10.1% sales surge, reaching £629m in adjusted EBITDA,...
B&M
B&M Expects Strong Profit Surge with 10% Rise in Revenues
Lead: B&M expects full-year profits to soar to the top end of its forecast, following a remarkable 10% revenue...
B&M Launches ‘No Gimmicks’ Food Campaign
Lead: B&M shakes up the supermarket scene with its "big food event" campaign, challenging traditional loyalty schemes with everyday...
Hilco Capital Sells Homebase for Second Time in Four Years
In a surprising move, Hilco Capital has reportedly put Homebase up for sale again, just four years after acquiring...
Retail News Roundup: B&M Chair Retirement, Aldi’s Apprenticeship Drive, and More
Peter Bamford, Chair of B&M since 2018, announces retirement this year; an executive search firm will find his successor....
B&M Chair Peter Bamford Announces Retirement This Year
Peter Bamford, chair of retailer B&M, announces retirement this year; recruitment process for a new chair begins immediately under...
Competing Bidders Eye The Body Shop, Wilko Store Deals Stall, Fenwick Renovates, Topps Tiles Thrives, Tesco Profits Soar, Superdry Expands in South Asia
In a recent development, Aurelius Group, parent company of Lloyds Pharmacy, has emerged as a contender to acquire The...
New Owners of Wilko Stores Consider Lease Renegotiations Amid Job Risks
Breaking news: The rescue deals for over 100 Wilko stores are reportedly at risk as new owners, B&M and...
Retail Industry Loses Over 100,000 Jobs Since 2020: Wilko Collapse Contributes to the Toll
In a recent report, the Centre for Retail Research reveals that over 100,000 retail jobs have been lost since...
Wilko Announces Store Closures and Job Cuts Amidst Ongoing Rescue Talks
Wilko announces plans to close 52 stores and make 1,300 redundancies as rescue talks continue. Administrator PwC has agreed...