🔔 Big Changes Coming to B&M! 🔔
Heads up, bargain hunters! B&M is shaking things up after revealing a whopping 56% drop in profits. They’re cutting back on products and slashing prices to get back on track. 📉⬇️
B&M’s new boss is spearheading a “back to basics” plan to turn things around. The focus? Smart pricing and simplifying operations. In just six months, profits fell to £75 million, but with some store openings, sales in the UK still climbed by 3.5%! 📈🛒
So, what’s the plan? A cleaner, more streamlined product selection and even better deals await you as B&M sharpens its focus on what shoppers really want. 🤩✨
Tjeerd Jegen, B&M’s CEO, is confident that by going back to their roots, the chain will see sustainable growth. As they open more stores across the UK and France, the brand is reaching new customers, helping all in challenging economic times. 🌍🛍️
New leadership faces include Simon Hathway and Helen Cowling, stepping into key roles to support the shift. The aim is simple: boost like-for-like sales and bring back robust earnings margins.
Keep your eyes peeled for new finds and bargains! What do you hope to see on B&M’s shelves in the coming months? Let us know! 👇🛍️
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