B&M plans to open 45 new UK stores by end-2023, aiming for 1,200 total stores; reported 10% revenue and 14% pre-tax profit increase.
Discount retailer B&M plans to open 45 new stores in the UK by the end of next year, aiming to reach a total of 1,200 stores across the country. The company reported a 10% increase in total group revenues for the year ending in March, as well as a 14% rise in annual pre-tax profit to £498m. B&M's strategy of offering well-known brands at low prices has appealed to consumers facing higher living costs.
June 05, 2024
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