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....”. The company, founded by James Kemsey Wilkinson – known as JK – in Leicester in 1930 has grown to employ 20,000 people working in 406 stores across the country, but has struggled to compete with the rise of other discount chains such as B&M and Poundland. ... [Read full article on Guardian ]
Friday 11th of August 2017 12:06:40 PM
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. Asda is considering a move for the discount chain B&M, in what would be the latest attempt by a major supermarket to diversify in the face of growing competition from cheaper rivals. ... [Read full article on Guardian ]
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.... This was presented as an exercise in internal restructuring – a stripping out of a layer of management – but a grumble about the former chancellor’s 2015 budget all helps to encourage the idea that outside forces are upsetting the retail sector. Yet times can’t be too hard at Wilko, despite the expansion of rival discount chain B&M in the homewares market. ... [Read full article on Guardian ]
Sunday 13th of August 2017 06:00:06 AM
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Latest Finance News related to B&M

Aw, Snapchat! Its shares stood little chance in the face of Facebook image
Source : Guardian [Read Article] Sunday 13th of August 2017 06:00:06 AM
.... This was presented as an exercise in internal restructuring – a stripping out of a layer of management – but a grumble about the former chancellor’s 2015 budget all helps to encourage the idea that outside forces are upsetting the retail sector. Yet times can’t be too hard at Wilko, despite the expansion of rival discount chain B&M in the homewares market. ...
Wilko warns nearly 4,000 staff could lose jobs image
Source : Guardian [Read Article] Friday 11th of August 2017 12:06:40 PM
....”. The company, founded by James Kemsey Wilkinson – known as JK – in Leicester in 1930 has grown to employ 20,000 people working in 406 stores across the country, but has struggled to compete with the rise of other discount chains such as B&M and Poundland. ...
Asda considers bid for B&M that would give it access to local stores image
Source : Guardian [Read Article] Sunday 23rd of July 2017 04:11:01 PM
. Asda is considering a move for the discount chain B&M, in what would be the latest attempt by a major supermarket to diversify in the face of growing competition from cheaper rivals. ...
Arora brothers cash in £227m of shares from B&M retail chain image
Source : Guardian [Read Article] Friday 2nd of June 2017 12:13:31 PM
. Two brothers who built B&M into a national discount chain selling everything from curtain to biscuits, have cashed in nearly £230m of shares in the fast-growing business – taking their total proceeds from the business since it floated to nearly £1bn. ...
Making money image
Source : BBC [Read Article] Sunday 7th of May 2017 01:09:00 PM
....The "pile it high, sell it cheap" approach has helped three other discounters make the grade. Home Bargains chain founder Tom Morris and family rank 39th with a wealth of over £3bn, followed by Simon, Bobby and Robin Arora - the brothers behind the B&M discount store chain. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....BHS’s flagship Oxford Street store in London is to be converted into the first outlet for Reserved, a fashion brand described as Poland’s answer to Zara. Other retailers stepping into the breach include The Range, Decathlon and Edinburgh Woollen Mill – which owns Jane Norman, Peacocks and Austin Reed - and discounters such as Lidl, B&M Bargains and Poundworld. ...
Retailer B&M reveals hearty Christmas trading period image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:19:57 PM
. The discount retail chain B&M has revealed a bumper Christmas trading period as cautious shoppers looked to save money. ...
FTSE edges higher but gloomy Next outlook hits retailers image
Source : BBC [Read Article] Wednesday 4th of January 2017 08:44:33 AM
....8% higher respectively. In the FTSE 250, B&M shares rose nearly 9. ...
Next warns on outlook as sales fall image
Source : BBC [Read Article] Wednesday 4th of January 2017 07:34:13 AM
....Next's gloomy outlook for 2017 hit shares in other retailers, with Marks and Spencer, Debenhams and Primark owner Associated British Foods all trading lower. However, there was better news from discount retailer B&M, which saw its shares jump 7% after it reported a big rise in sales in the run-up to Christmas. ...
Best discounts and deals on UK Black Friday 2016 image
Source : Guardian [Read Article] Thursday 24th of November 2016 04:15:30 PM
....What’s happening? The discounter is slashing all its store prices by 10% during Black Friday. Where? In its 500 stores but you can get a flavour on the B&M site. ...
How we're shopping image
Source : BBC [Read Article] Thursday 24th of November 2016 12:04:24 AM
...."Perceptions of Valentine's Day becoming too commercial are in many ways a result of greater participation from the retailers. As well as wider choice from the 'Big Four' grocers, the discount players Aldi and Lidl, as well as value retailers like Poundland and B&M now offer big ranges," says Verdict's Greg Bromley. ...

B&M relies on new shops for sales growth 
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Source : Telegraph [Read Article] Thursday 14th of July 2016 11:21:04 AM
...
Poundland agrees to £597m takeover from Steinhoff image
Source : BBC [Read Article] Wednesday 13th of July 2016 06:21:23 AM
....". However, the fall in sterling's value may force Poundland into a change of strategy, and ultimately to drop the single price point it trades on, in favour of becoming a general discount store chain like Home Bargains or B&M. ...
Steinhoff considers bid for Poundland image
Source : Guardian [Read Article] Wednesday 15th of June 2016 10:23:18 AM
....The Competition and Markets Authority allowed the takeover to go ahead after dropping earlier objections that a deal would be bad for customers, reducing competition in more than 90 locations. However the CMA ultimately concluded that low-price retailing was established in the UK and that the combined company would meet competition from Poundworld, Wilko, B&M and other value chains, as well as Tesco and Asda among the supermarkets. ...
Philip Green to face MPs on Wednesday morning over collapse of BHS image
Source : Guardian [Read Article] Wednesday 15th of June 2016 06:00:20 AM
....Meanwhile, the administrators for BHS have given those interested in buying parcels of the retailer’s stores a deadline of Wednesday night to put forward bids. The bidders are thought to include Sports Direct’s Mike Ashley, Primark and B&M, with some parties interested in as many as 60 stores and others only a handful. ...
Former Asda boss backs new Guess How Much! discount store image
Source : Guardian [Read Article] Sunday 5th of June 2016 02:06:05 PM
....“We have got high hopes for GHM,” says Bond. “It is a bit different to other discount businesses as it allows a mum with kids to do a much broader range of shopping to a pound store or the likes of B&M. ...
City news: Debenhams, B&M, Accrol Group and Pets at Home image
Source : Daily Express [Read Article] Friday 27th of May 2016 07:18:00 AM
....________________________________________________________________________. A RECORD 79 new store openings to meet growing demand from UK bargain hunters has driven up takings to more than £2billion at discount retailer B&M. ...
BHS and Austin Reed set for rescue deals - stores may be saved this week image
Source : Daily Express [Read Article] Sunday 15th of May 2016 12:01:00 AM
....”. Sports Direct tycoon Mike Ashley and Edinburgh Woollen Mill are believed to be among the bidders looking to keep BHS intact while others, such as B&M, Primark and Pep&Co, are believed to want to cherry pick its best sites. ...
Regulator knew I wanted to sell BHS, says Sir Philip Green image
Source : Guardian [Read Article] Wednesday 11th of May 2016 02:15:47 PM
.... It is understood to have received at least five indicative offers for the high street retailer as a going concern before the 5pm deadline on Tuesday. Former owner Chappell is thought to be among the bidders alongside: Cascade Holdings, a BHS lighting supplier headed by Ronny Abrahams; Yousuf Bhailok, a Preston-based property entrepreneur; cut price chain B&M: and Philip Day, who owns Edinburgh Woollen Mill and the Peacocks fashion retail chain. ...
BHS collapse: owner sold main distribution centre to pay off loan image
Source : Guardian [Read Article] Tuesday 10th of May 2016 07:09:32 PM
.... They are looking to make an announcement about a deal in the next few days. The parties understood to have bid for all of BHS or a portion of its 164 stores include Sports Direct, the tycoon Philip Day, who owns Edinburgh Woollen Mill and Peacocks, and B&M. ...
Insolvency Service to investigate BHS's slump into administration image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 05:36:44 PM
....Administrators are urgently negotiating with up to 10 potential buyers who are thought to be interested in taking on as many as 60 of BHS’s 160-plus stores as a going concern. The interested parties include the Sports Direct founder, Mike Ashley, who has pledged to save all the jobs at risk, discount retailer B&M, the Edinburgh Woollen Mill owner, Philip Day, the Co-op chairman Allan Leighton and the Preston-based property entrepreneur Yousuf Bhailok. ...
Insolvency Service to investigate BHS's slump into administration image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 05:36:44 PM
....Administrators are urgently negotiating with up to 10 potential buyers who are thought to be interested in taking on as many as 60 of BHS’s 160-plus stores as a going concern. The interested parties include the Sports Direct founder, Mike Ashley, who has pledged to save all the jobs at risk, discount retailer B&M, the Edinburgh Woollen Mill owner, Philip Day, the Co-op chairman Allan Leighton and the Preston-based property entrepreneur Yousuf Bhailok. ...
Tina Green to face questions from MPs over BHS collapse image
Source : Guardian [Read Article] Saturday 30th of April 2016 07:50:19 PM
....Leighton, a previous boss of Asda and the Royal Mail, is among up to 10 potential bidders looking at buying up to 60 BHS stores, and possibly the brand name, too. Other contenders are believed to include Sports Direct, Edinburgh Woollen Mill owner Philip Day, B&M Stores and Yousuf Bhailok, a Preston-based millionaire property owner. ...
Clas Ohlson store closures puts dozens of UK jobs at risk image
Source : Guardian [Read Article] Wednesday 6th of April 2016 06:55:14 PM
....Balkow said he could envisage up to 200 stores in the UK when Clas Ohlson entered the market. But the UK cut-price general merchandise arena has become increasingly competitive since 2010 with the expansion of the homegrown chains Poundland, B&M Stores and Wilko, as well as incomers such as Tiger, Clas Ohlson and the original affordable Swedish homeware specialist Ikea. ...
Brush up on the price of paint if you plan to have a DIY Easter image
Source : Guardian [Read Article] Saturday 19th of March 2016 07:00:03 AM
....Crown matt emulsion colours are £10 in B&Q but as much as £16-£17 in Wilkinson and Homebase. But discount store B&M and Wilko were cheapest for the paintbrush we put on test – a Harris three-inch – and a third cheaper than Amazon, and less than half the price of Tesco. ...
Iceland pins hopes on ‘posh’ food to heat up its profits image
Source : Guardian [Read Article] Saturday 12th of March 2016 03:59:21 PM
.... There’s food commodity deflation, the oil price is down and dairy prices are on the floor. “In the past four years, 3,000 convenience stores have opened in Britain and then there’re the pound shops, Home Bargains and B&M. ...
Brantano rescue deal saves close to 1,400 jobs image
Source : Telegraph [Read Article] Monday 15th of February 2016 06:49:15 PM
.... . Buyers are likely to include discounters, such as B&M Bargains and Poundland. ...
Tesco faces legal action over land use restrictions image
Source : Telegraph [Read Article] Saturday 13th of February 2016 07:55:05 PM
.... . Last July, High Peak entered into a conditional agreement with discount chain B&M Bargains to build a new shop on the land, provided the covenant was released. ...
Amazon and easyFood have shaken up our shopping image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 07:24:46 PM
.... . While shoppers are increasingly happy to mix their trips between Aldi and Waitrose, B&M Bargains and John Lewis, the arrival of Amazon’s version of grocery shopping might just polarise the convenience customer base once more. ...
Card Factory brings in new boss from rival retailer B&M image
Source : Telegraph [Read Article] Wednesday 6th of January 2016 08:19:10 AM
. Card Factory has poached a new chief executive from the discount retailer B&M, as its current boss Richard Hayes steps down after eight years in charge. ...
Next, Kingfisher and Tesco hit by broker downgrades image
Source : Guardian [Read Article] Monday 7th of December 2015 12:31:58 PM
.... Similarly, we assume Dixons Carphone will return to growth in the third quarter, although its earnings agenda is currently dominated by integration synergies. Both B&M and Poundland appear somewhat dependent on seasonal business picking up after a volatile start to the current quarter. ...
City news: Easyjet, B&M growth, Peppa Pig & Paddy Power image
Source : Daily Express [Read Article] Wednesday 18th of November 2015 12:01:00 AM
....-------------------------------------------------------------------------------------------------------------------------. OPENING two new UK stores a week was a mixed blessing for B&M Retail as half-year profit soared by a quarter but it struggled to supply shops ahead of the key festive trading period. ...
Profits rise but B&M struggles to keep pace with store openings image
Source : Guardian [Read Article] Tuesday 17th of November 2015 01:12:48 PM
. B&M opened almost two British stores a week in the first half of its financial year, fuelling a sharp rise in profit but leaving the discount general retailer struggling to get products on to shelves as the crucial Christmas trading period approaches. ...
Poundland to count the pennies in changing fortunes image
Source : Telegraph [Read Article] Saturday 14th of November 2015 05:30:41 PM
. Poundland and B&M Bargains, two of Britain’s largest high street discount chains, are reaping diverging fortunes from the trend for bargain-hunting. ...
99p stores will be Poundland by the 'end of the month' image
Source : Daily Express [Read Article] Friday 18th of September 2015 03:38:00 PM
. Supermarket chains Tesco and Asda, as well as Poundworld and B&M, will provide customers with enough choice, found an in-depth probe by the Competition and Markets Authority (CMA). ...
Poundland gets final clearance for 99p Stores takeover image
Source : Guardian [Read Article] Friday 18th of September 2015 07:47:03 AM
....But the CMA changed its mind in August after conducting a survey of 5,000 customers and examining the companies’ internal data. It accepted that low-price retailing had taken hold in the UK and that the combined company would meet competition from Poundworld, Wilko, B&M and other value chains, as well as Tesco and Asda among the supermarkets. ...
Poundland wins final approval to buy 99p Stores image
Source : Telegraph [Read Article] Friday 18th of September 2015 07:05:33 AM
.... . “The CMA found that, along with Poundworld, the companies are each other’s closest competitors, but after the merger they will still face competition from other value retailers such as B&M, Home Bargains, Wilko and Bargain Buys, along with Tesco and, to an extent, Asda,” the watchdog said. ...
Makeup discount stores booming as Boots and Superdrug left behind image
Source : Independent [Read Article] Thursday 17th of September 2015 10:27:14 AM
. Sales of make-up, painkillers and shower gels at Poundland, Home Bargains and B&M Bargains are growing faster than at tradition high street stores. ...
UK shoppers flock to Poundworld image
Source : Daily Express [Read Article] Tuesday 15th of September 2015 12:01:00 AM
.... Consumers forced to tighten their belts during the credit crunch have continued to be drawn to discount stores. The growing popularity of the sector was also reflected in stock market listings of Poundland and B&M. ...
Poundworld profits more than double as UK consumers continue to count the pennies image
.... This fast-growth profile, coupled with favourable stock market conditions and cheap debt, has led to a wave of new listings. Rival stores Poundland and B&M Bargains have both floated on the London stock market over the past two years. ...
British deal boom pushes Lazard back into the black image
Source : Telegraph [Read Article] Sunday 6th of September 2015 07:00:02 PM
.... . The initial public offerings (IPO) market was also busy in 2014, and Lazard worked on the flotations of discount retailer B&M bargains, catering company ISS and food giant SSP. ...
Co-operative Group profits rise as it says recovery is on track image
Source : Telegraph [Read Article] Thursday 3rd of September 2015 09:02:11 AM
.... . Mr Pennycook said 28 stores had been sold in the last six months to supermarket rivals like Waitrose and Sainsbury’s as well as discounters such as B&M Bargains. ...
Poundland’s green light proves the value of talking to shoppers image
Source : Guardian [Read Article] Tuesday 25th of August 2015 11:57:46 PM
.... The rise of the discount retailer has been one of the reasons the big four supermarkets – Tesco, Asda, Sainsbury’s and Morrisons – have struggled. A bigger Poundland could cause even more disruption for the leading supermarket chains, which still account for 75% of grocery sales, and it would have no incentive to slack off with other rivals such as B&M also growing rapidly. ...
In for a penny, in for a pound: 99p Stores set to be bought by Poundland image
Source : Guardian [Read Article] Tuesday 25th of August 2015 09:29:06 AM
.... Both retailers sell similar ranges of consumer goods, stationery, food and drink, and homeware. The CMA said the two companies, along with Poundworld, were each other’s closest competitors but that the combined business would still experience strong competition from Wilko, B&M and other value retailers, as well as Tesco and Asda among the supermarkets. ...
Poundland gets go-ahead to buy rival 99p Stores image
Source : Independent [Read Article] Tuesday 25th of August 2015 08:32:57 AM
....But the inquiry group of independent panel members today stated that "customers would not face a reduction in choice, value or lower-quality service as a result of the merger". It added that the new group, which would boast a network of 800 shops, would still face competition from the likes of Poundworld, B&M, Wilko, Tesco and Asda. ...
Poundland's takeover of 99p Stores provisionally cleared by competition watchdog image
.... Poundland announced its takeover of 99p Stores in February  Photo: VisualMedia. The watchdog said that it had realised that while only one major single-priced retailer, Poundworld, would remain after the deal, the merged company would still face competition from other discounters including B&M, Home Bargains, Wilko and Bargain Buys as well as supermarket chains including Tesco and Asda. ...
Poundland puzzles over how to keep it cheap and in reach image
Source : Guardian [Read Article] Friday 31st of July 2015 03:03:00 PM
.... To change the Poundland formula by doing something different is not understandable,” says McCarthy. He believes that discounters and low-price retailers may have to close stores or merge, as the plethora of chains – which include Aldi, Lidl, B&M, Wilko, Savers and Home Bargains – cannot all achieve their rampant expansion plans, he says. ...
PZ Cussons profits slide on Nigerian turmoil  image
Source : Telegraph [Read Article] Saturday 18th of July 2015 06:07:25 PM
.... Nigeria's President Goodluck Jonathan (L) presents a gift to president-elect Muhammadu Buhari at the presidential villa in Abuja . Around 50pc of PZ Cusson’s personal care brands, which also include Sanctuary toiletries, are now sold in high street discount chains such as Poundland and B&M. ...
Bargain shop chain B&M stepping up expansion plans after steady growth image
Source : Daily Express [Read Article] Saturday 18th of July 2015 11:31:00 AM
...
B&M Value Retail growth slows in UK image
Source : BBC [Read Article] Friday 17th of July 2015 09:41:51 AM
. Sales growth at B&M, the discount retailer chaired by former Tesco chief executive Sir Terry Leahy, has slowed considerably in the UK. ...
FTSE falls as rate rise hints hit housebuilders but Arm gains ground image
Source : Guardian [Read Article] Friday 17th of July 2015 08:41:02 AM
.... We see this as an attractive entry point into the stock, which has a compelling investment case based on the significant historic licence signings underpinning future royalty growth. Among the mid-caps B&M European has added 8. ...
B&M sales up as it opens record number of stores image
Source : Telegraph [Read Article] Friday 17th of July 2015 07:46:47 AM
. A gloomy retail market and poor spring weather have not held back sales at B&M, the bargain retailer said on Friday. ...
Sale of half Wilko shops empire nets family members £63m image
Source : Telegraph [Read Article] Saturday 4th of July 2015 06:19:16 PM
.... . Wilko has been hit by the rise of discount rivals such as B&M and Poundland, and has admitted it is losing market share. ...
New high street discount clothing chain sewn up image
Source : Telegraph [Read Article] Saturday 4th of July 2015 03:29:50 PM
.... “People are shopping more in town and less out of town . “This is the B&M of clothing, the Aldi of clothing. ...
Disruptive shares that could make you rich  image
Source : Telegraph [Read Article] Sunday 28th of June 2015 07:00:34 AM
Poundland shares hit on fears discount sector may have peaked image
Source : Guardian [Read Article] Thursday 18th of June 2015 07:59:57 AM
....1bn sales came from loom bands last year – and most of those were sold over just a few months. McCarthy added that a year ago, competitors such as B&M, Home Bargains and Poundstretcher were opening less new stores than they are at the moment. ...
Fat Face prepares to expand across the Atlantic with first US store image
Source : Guardian [Read Article] Wednesday 17th of June 2015 06:48:16 PM
.... It bought the retailer for £360m at the peak of the credit boom but was forced to inject more cash just two years later on fears the retailer might breach its banking covenants as the UK economy struggled. Bridgepoint’s attempt to cash out of the firm last year was foiled as investors were impressed by a flurry of other retail IPOs including Poundland and B&M. ...
FTSE falls on Grexit fears while Shell and BP slip as oil price declines image
.... For income investors this might be a solid holding given the relative comfort of the return of the free cash flow to shareholders, with the company announcing that it will return cash later this year (with the quantum to be announced at the interim results), but we find better value elsewhere on a total shareholder return basis. In the mid-cap UK retail space, for example, we prefer B&M and Pets at Home. ...
Poundstretcher: Christo Wiese’s cut-price British adventure image
Source : Guardian [Read Article] Saturday 6th of June 2015 03:00:10 PM
....Founded in 1981, Poundstretcher was one of the UK’s first discounters. Today it has 407 stores, but a number of early strategy mis-steps constrained its growth compared with the likes of B&M, Poundland or Poundworld. ...
Pets at Home profits soar as vet services and grooming demand rise image
Source : Guardian [Read Article] Thursday 4th of June 2015 09:10:26 AM
....”. Greg Bromley, of the retail consultancy Conlumino, warned that Pets at Home faced growing competitive threats from discount stores, including Poundstretcher and B&M, which were expanding their pet ranges. ...
Mountain Warehouse profits climb on back of UK cycling craze image
Source : Guardian [Read Article] Friday 29th of May 2015 03:45:03 PM
....” He said that sales were continuing to show the same “positive momentum”. Mountain Warehouse has thrived while rivals including Millets have come under pressure by tapping into the growing popularity of family-friendly discounters which has also boosted shops such as B&M, Home Bargains, Aldi and Lidl. ...
Source : Independent [Read Article] Friday 29th of May 2015 12:38:15 AM
.... . B&M Bargains, the cut-price variety retailer chaired by the former Tesco boss Sir Terry Leahy, is understood to have snapped up 12 of the 14 sites that have so far been sold by the Kingfisher-owned B&Q, Britain’s biggest DIY retailer. ...
B&M sales boost proves Southerners love a bargain too image
Source : Telegraph [Read Article] Thursday 28th of May 2015 11:25:22 AM
. B&M, the British discount chain, has said that it has proven that Southerners like a bargain as much as Northerners after reporting a 30pc increase in annual revenues. ...
Kingfisher has sold a dozen B&Q outlets to B&M as sales slide, say analysts image
. Kingfisher has sold a dozen of its B&Q outlets to discounter B&M, according to analysts, after another tough quarter for the DIY chain. ...
Asda's sales fall of 3.9% worse than Tesco, Sainsbury's and Morrisons image
....Related: Which? says supermarkets still misleading customers over prices. All the major supermarkets are under pressure as grocery discounters Aldi and Lidl, together with other value retailers like Poundland, B&M and Wilko, attract more shoppers. ...
In the year 2075, will supermarkets still be alive to the changing times? image
.... Mergers and acquisitions will probably reduce the number of supermarkets and determine which brands dominate the market. Tesco could merge with one of the new convenience chains such as Lidl, and Iceland might grow by acquiring a value chain like B&M Bargains or Poundland. ...
 £150m buyout set to inflate Poundworld image
Source : Daily Express [Read Article] Friday 15th of May 2015 08:38:00 AM
.... As well as its main brand, it also owns more than 50 Bargain Buys multi-price shops. The sector has thrown off any stigma attached to it, while Poundland and competitor B&M have both listed on the stock market recently. ...
High street chain Poundworld sells majority stake to US investors image
Source : Guardian [Read Article] Thursday 14th of May 2015 06:01:36 PM
....Poundworld has benefited from shoppers’ love of a bargain,a trend which gained momentum during the economic downturn. Low-price chains including Poundland and Poundstretcher have been growing rapidly alongside grocery discounters Aldi and Lidl and low-price household goods chains including B&M and Home Bargains. ...
Poundworld shopped to TPG in £150m takeover image
Source : Telegraph [Read Article] Thursday 14th of May 2015 02:46:35 PM
Over 300 Phones4U vacancies across the country points to retail pain image
Source : Independent [Read Article] Sunday 3rd of May 2015 11:33:05 PM
.... Only two areas managed to see more stores reoccupied:  Greater London and North-east England – although both still have 48 per cent of stores remaining empty. The biggest new occupiers of the sites are Vodafone, taking nearly 134 stores, nearly one in four, EE (55 stores) and O2 (five), while several retailers, including Currys PC World, B&M Bargains, Paperchase and Ernest Jones took individual sites. ...
Five lines of attack for embattled Tesco to start fighting back image
Source : Guardian [Read Article] Saturday 18th of April 2015 03:00:10 PM
.... Richard Clarke, an analyst at Bernstein Research, said he expected him to do deals with other retailers to set up in big stores, filling surplus space and giving customers an extra reason to make the trip. He suggested chains that could sell to Tesco customers included Sports Direct and B&M, the ambitious general merchandise discounter chaired by former Tesco boss Sir Terry Leahy. ...

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