Business · Companies · 1 day ago

B&M plans seven store openings across the UK by December 5

B&M plans seven store openings across the UK by December 5

B&M plans to open seven new stores across the UK between November 27 and December 5.

The discount retailer’s new outlets are listed for places including the Isle of Wight, Colchester, Kingswinford, Stirling, Middleton, Southport and Rayleigh.

The openings follow a new store in Newtown, Wales, which opened on November 7 after a refurbishment.

B&M sells branded household goods at discounted prices and has close to 1,300 stores in the UK and France.

The expansion comes after B&M warned about profits in January and said it was discounting unwanted stock.

Its plan also includes lowering prices and reducing product ranges to simplify operations and cut costs.

B&M says its changes aim to restore lasting growth in its UK business over the next 12 to 18 months.

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B&MCompany statement reported by the Mirror
confident the actions we are taking can restore sustainable like-for-like growth at B&M UK over the next 12 to 18 months
via Mirror