B&M

{{Short description|Variety retailers in the United Kingdom}} {{Other uses}} {{Use dmy dates|date=February 2024}} {{Infobox company | name = B & M Retail Limited | image = B^M Store - Kempshott - geograph.org.uk - 7141801.jpg | image_caption = A B&M store in Kempshott, Hampshire, England, UK | trading_name = B&M | logo = Official B&M Retail logo.jpg | logo_size = 115 | former_name = {{Ubl | Faelex Limited (March–December 1978)<ref name="CompaniesHouse" /> | B. & M. Bargains (W & R) Limited (1978–1997)<ref name="CompaniesHouse" /> }} | type = Public | traded_as = {{lse|BME}}<br/>FTSE 250 component | founder = Malcolm Billington<br>Brian Mayman | area_served = United Kingdom<br>France | key_people = Tiffany Hall (chairwoman)<br />Tjeerd Jegen (CEO) | industry = Retail | products = Grocery, variety | revenue = {{increase}}£5,571 million (2025)<ref name=results>{{cite web|title=Annual Report 2025|publisher=B&M|url=https://www.bandmretail.com/~/media/Files/B/Bmstores-Corp/documents/investors/company-meetings/agm/2025/bm-ar-and-accounts-2025-v1.pdf|access-date=3 November 2025}}</ref> | operating_income = {{decrease}}£567 million (2025)<ref name=results/> | net_income = {{decrease}}£319 million (2025)<ref name=results/> | divisions = BMStores.co.uk | subsid = Heron Foods | owner = B&M European Value Retail S.A. | num_employees = 40,641 (2025)<ref name=results/> | homepage = {{Ubl | {{URL|https://bmstores.co.uk|Retail}} | {{URL|https://bandmretail.com|Corporate}} }} | foundation = {{Start date and age|1978|03|14|df=yes}}<ref name="CompaniesHouse" /> | location = Speke, Liverpool, England, UK<ref>{{cite news|url=https://www.thetimes.com/business-money/companies/article/arora-brothers-clean-up-thanks-to-b-m-float-2wfdkwfqlrv|title=Arora brothers clean up thanks to B&M float|work=The Times|access-date=13 June 2015|last1=Hipwell|first1=Patrick Hosking}}</ref> | locations = 787 in the UK and 137 in France: total 924 stores (2025)<ref name=stores>{{cite web|url=https://www.bandmretail.com/about-us/at-a-glance|title=At a glance|publisher=B&M|access-date=25 April 2025}}</ref> }}

'''B & M Retail Limited''',<ref name="CompaniesHouse">{{Cite web |date=1978-03-14 |title=B & M Retail Limited overview - Find and update company information - Gov.uk |url=https://find-and-update.company-information.service.gov.uk/company/01357507 |access-date=2025-04-03 |website=Companies House |language=en}}</ref> trading as '''B&M''', is a British multinational variety store and garden centre chain founded in 1978 and based in Liverpool, England. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. B&M is part of the Jersey-based B&M European Value Retail S.A., which owns Heron Foods and operates the B&M (formerly Babou) stores in France.<ref>{{Cite web |title=B&M European Value Retail SA, BME:LSE profile - FT.com |url=https://markets.ft.com/data/equities/tearsheet/profile?s=BME:LSE |access-date=2024-06-27 |website=markets.ft.com}}</ref><ref>{{Cite web |last=Wright |first=Georgia |date=2025-06-23 |title=B&M abandons Luxembourg tax haven amid profit pressures - Retail Gazette |url=https://www.retailgazette.co.uk/blog/2025/06/bm-abandons-luxembourg/ |access-date=2025-06-23 |language=en-GB}}</ref>

==History== The business was founded by Malcolm Billington and Brian Mayman: the first store opened in Cleveleys, England, in 1978.<ref>{{cite news|url=https://www.visitcleveleys.co.uk/about/town-centre/bm-bargains-started-in-cleveleys/|title=B&M Bargains – Started in Cleveleys!|publisher=Visit Cleveleys|access-date=26 May 2023}}</ref> It was originally named '''Billington & Mayman''', based on the founders' names, but was soon shortened to "B&M".<ref>{{Cite web |last=Lockwood |first=Rebecca |date=13 May 2022 |title=The history of B&M from Blackpool store to bargain goods giant |url=https://www.lancs.live/whats-on/whats-on-news/history-bm-blackpool-store-bargain-23950023 |access-date=5 April 2023 |website=LancsLive |language=en}}</ref> The company was the subject of a management buyout, financed by Phildrew Investments, in October 1996.<ref>{{cite news|url=https://www.egi.co.uk/news/phildrew-takes-on-b-m-bargains-for-13m/|title=Phildrew takes on B&M Bargains for £13m|publisher=E. G. Radius|date=18 October 1996|access-date=25 June 2023}}</ref>

It was acquired by Simon and Bobby Arora from Phildrew Investments in December 2004.<ref>{{cite web|url=http://www.messengernewspapers.co.uk/news/14443669.Sunday_Times_Rich_List__Bargain_brother_billionaires_rank_fourth_in_North_West/|title=Sunday Times Rich List 2016: Sale bargain brother billionaires rank fourth in North West|newspaper=Messenger|date=22 April 2016 |access-date=16 November 2016}}</ref>

In September 2006, the business saw significant growth, by acquiring the GlynWebb chain of Do It Yourself (DIY) stores and converting them into the B&M Home Store format.<ref name="glynwebb_takeover">{{cite web |author=Barry, Chris|url=http://www.manchestereveningnews.co.uk/news/business/s/222/222463_glynwebb_changes_hands_again.html |title=GlynWebb Changes Hands Again |work=Manchester Evening News |date=5 September 2006 |access-date=29 December 2010}}</ref> The company also acquired a number of former Kwik Save,<ref name="B&M acquires Kwik-save stores">{{cite web|last1=Sengun|first1=Tunc|title=B&M acquires Kwik-save stores|url=http://www.talkingretail.com/category-news/supermarket/b-and-m-bargains-buys-ex-kwik-save-stores/|website=talkingretail.com|access-date=22 June 2014|date=15 October 2007}}</ref><ref name="ex_kwiksave_stores">{{cite web |author=<!--Not stated--> |url=http://www.talkingretail.com/news/industry-news/7004-b-m-bargains-buys-ex-kwik-save-stores.html |title=B&M Bargains Buys Ex-Kwik Save Stores |work=Talking Retail |date=15 October 2007 |access-date=29 December 2010 |archive-url=https://web.archive.org/web/20100821225733/http://www.talkingretail.com/news/industry-news/7004-b-m-bargains-buys-ex-kwik-save-stores.html |archive-date=21 August 2010 |url-status=dead }}</ref> Woolworths,<ref name="B&M acquires Woolworth stores">{{cite web|last1=Sengun|first1=Tunc|title=B&M acquires Woolworth stores|url=http://www.retail-week.com/property/woolies-watch-what-happened-to-your-local-woolworths/5005683.article|website=retail-week.com|access-date=22 June 2014}}</ref> and Au-Naturale stores.<ref name="B&M Acquires Au Naturale stores">{{cite web|last1=Sengun|first1=Tunc|title=B&M Acquires Au Naturale stores|url=http://www.retail-week.com/sectors/general-merchandise/analysis-bm-bargains-at-a-glance/5042534.article|website=retatail-week.com|access-date=22 June 2014}}</ref>

The business moved into a new office and modern {{convert|620000|sqft|abbr=on}} distribution centre based in Speke, Liverpool in 2010.<ref name=echo>{{cite web|url=http://www.liverpoolecho.co.uk/news/liverpool-news/liverpool-discount-retailer-bm-bargains-3331957|title=Liverpool discount retailer B&M Bargains to create 200 jobs with new 500,000sq ft warehouse in Speke|date=10 October 2012|newspaper=Liverpool Echo|access-date=16 November 2016}}</ref> In May 2011, B&M also purchased a number of Focus DIY stores.<ref name="B&M acquires Focus stores">{{cite web|last1=Sengun|first1=Tunc|title=B&M acquires Focus stores|url=http://www.retail-week.com/property/locations-of-focus-stores-acquired-by-wickes-and-bm-bargains-revealed/5025690.article|website=retail-week.com|access-date=22 June 2014}}</ref>

In December 2012, Clayton, Dubilier & Rice, one of the world's leading private equity funds, acquired a significant stake in B&M, and Sir Terry Leahy and Vindi Banga joined the Board of Directors.<ref>{{cite web|last1=Sengun|first1=Tunc|title=Clayton Dubilier & Rice To Acquire Significant Stake in Leading UK Variety Retailer, B&M Retail|url=http://www.cdr-inc.com/news/releases/2012-12-03_cdr_to_invest_in_bm_retail.php|access-date=20 June 2014|archive-date=26 June 2018|archive-url=https://web.archive.org/web/20180626075558/http://www.cdr-inc.com/news/releases/2012-12-03_cdr_to_invest_in_bm_retail.php|url-status=dead}}</ref>

In March 2014, the business acquired a majority stake in German discount retailer Jawoll and then opened a new 500,000 sq ft distribution centre in Speke, Liverpool.<ref name=echo/> In June 2014, the business was the subject of an initial public offering.<ref name="B&M lists on the London Stock Exchange">{{cite news |url=https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10895099/BandM-Bargains-boosts-Londons-listing-market.html |title=B&M Bargains boosts London's listing market |newspaper=The Telegraph |date=12 June 2014 |access-date=12 January 2017|last1=Armstrong |first1=Ashley }}</ref> However, upon detailed analysis by the Columbia Business School, it was found the IPO of B&M was overhyped due to an already saturated market in the UK.<ref name="gsb">{{cite book|last1=Wang|first1=Sisy|title=Graham and Doddsville|date=10 October 2014|publisher=Columbia Business School (GSB)|location=Washington|pages=22–23|edition=Fall of 2014|url=http://www8.gsb.columbia.edu/valueinvesting/sites/valueinvesting/files/Graham%20%26%20Doddsville_Issue%2022_Fall%202014.pdf|access-date=24 October 2016}}</ref>

In November 2014, the business opened its 400th store (in Stockport)<ref>{{cite news|url=https://www.telegraph.co.uk/finance/11238097/Why-BandM-could-be-the-next-big-thing-in-British-retailing.html|title=Why B&M could be the next big thing in British retailing|date=18 November 2014|newspaper=The Telegraph|access-date=10 September 2016|last1=Ruddick|first1=Graham}}</ref> and claimed to serve in excess of three million customers every week.<ref name="about">{{cite web |url=http://www.bmstores.co.uk/about-bandm-stores |title=About B&M Stores |publisher=B&M Stores |access-date=25 August 2017}}</ref> thumb|A B&M store in Wood Green shopping centre which replaced a Wilko store During July 2017, the company completed the acquisition of the smaller frozen food store chain Heron Foods for £152 million.<ref>{{Cite news|url=https://www.telegraph.co.uk/business/2017/08/02/bm-bargains-moves-convenience-retailing-152m-swoop-heron-foods/|title=B&M Bargains moves into convenience retailing with £152m swoop on Heron Foods|last=Armstrong|first=Ashley|date=2 August 2017|work=The Telegraph|access-date=5 January 2018|language=en-GB|issn=0307-1235}}</ref><ref>{{cite news|url=https://www.bbc.co.uk/news/uk-england-humber-40805474|title=Family-run Heron Foods taken over by B&M in £152m deal|date=2 August 2017|work=BBC News|publisher=BBC|access-date=3 August 2017}}</ref> In 2018 the company started a trial of converting Heron Food branches to B&M Express.<ref>{{cite news|url=https://www.thegrocer.co.uk/discounters/bandm-converts-heron-foods-branches-to-bandm-express-fascia/571146.article|title=B&M converts Heron Foods branches to 'B&M Express'|work=The Grocer|date=3 September 2018}}</ref>

As of 31 January 2018, B&M European Value Retail S.A. had issued 1,000,561,222 ordinary shares at the opening price of 10 pence.<ref name="A4R1">{{cite news |author1=B&M European Value Retail S.A. |title=Total Voting Rights |url=https://www.bandmretail.com/sites/bmstores/files/announcement-for-release-31-01-18.pdf |access-date=21 January 2021 |work=Announcement for Release |date=31 January 2018 |archive-url=https://web.archive.org/web/20210121134534/https://www.bandmretail.com/sites/bmstores/files/announcement-for-release-31-01-18.pdf |archive-date=21 January 2021 |language=en}}</ref>

In October 2018, the company acquired French discount retailer Babou for €91.2 million,<ref>{{Cite web|title=B&M enters France with Babou acquisition |url=https://www.retailgazette.co.uk/blog/2018/10/bm-expands-france-babou/|access-date=12 November 2021|website=Retail Gazette|date=23 October 2018 }}</ref> and by the end of 2021, the Babou brand was replaced by B&M.<ref>{{cite web|access-date=19 December 2021|date=19 December 2021|language=fr-FR|title=Discount : petits prix, offre élargie... B&M à la conquête du marché après le rachat des Babou|url=https://www.leparisien.fr/economie/consommation/discount-petits-prix-offre-elargie-bm-a-la-conquete-du-marche-apres-le-rachat-des-babou-19-12-2021-ENF7WT4FTRBVLOAFWHJQYBHOLU.php|website=leparisien.fr}}<!-- auto-translated by Module:CS1 translator --></ref>

In September 2020, the company announced that it planned to open about 45 stores, offering everything from tinned and frozen meals to wallpaper and bedding plants, which had become a lockdown phenomenon.<ref>{{Cite web |date=29 September 2020 |title=B&M steps up expansion after lockdown sales boom |url=https://www.theguardian.com/business/2020/sep/29/bm-steps-up-expansion-after-lockdown-sales-boom |access-date=10 October 2020 |website=The Guardian}}</ref>

On 4 February 2022, the company opened its 700th store at Border Retail Park in Wrexham.<ref>{{Cite web|url=https://www.leaderlive.co.uk/news/19898347.wrexhams-new-b-m-store-opens-tomorrow/|title=Take a SNEAK PEEK inside Wrexham's new B&M store before it opens tomorrow|website=The Leader|date=3 February 2022 }}</ref>

In September 2022, Simon Arora stepped down as chief executive after 17 years in the role and was replaced by Alex Russo.<ref>{{Cite web |last=Martin |first=Ben |date=2022-04-22 |title=B&M boss Simon Arora to step down |url=https://www.thetimes.com/article/b-m-boss-simon-arora-to-step-down-kwqxckwdx |access-date=2024-11-15 |website=www.thetimes.com |language=en}}</ref><ref>{{Cite web |title=Our Board |url=https://www.bandmretail.com/about-us/our-board |access-date=2024-11-15 |website=www.bandmretail.com |language=en}}</ref>

In September 2023, it was announced B&M had acquired 51 former Wilko stores from the administrator for £13 million.<ref>{{Cite web |date=5 September 2023 |title=B&M acquires 51 stores from collapsed Wilko |url=https://dailybusinessgroup.co.uk/2023/09/bm-acquires-51-stores-from-collapsed-wilko/ |access-date=5 September 2023 |website=Daily Business |language=en-GB}}</ref>

In 2024, B&M became one of the bidders for the struggling Homebase alongside CDS Superstores.<ref>{{cite web |last1=Hill |first1=Eloise |date=28 February 2024 |title=Homebase plunges into the red after 'challenging year' |url=https://www.retailgazette.co.uk/blog/2024/02/homebase-heavy-losses/ |access-date=1 March 2024 |website=Retail Gazette}}</ref> They later acquired some of the stores after Homebase collapsed into administration in November and opened them under B&M Home Store format.<ref>{{Cite web |title=B&M Opens New Stores In Former Homebase Units |url=https://www.insightdiy.co.uk/news/bm-opens-new-stores-in-former-homebase-units/15227.htm |access-date=2025-08-12 |website=www.insightdiy.co.uk}}</ref>

In May 2024, the company announced the appointment of Tjeerd Jegen as its new chief executive following the retirement of Alex Russo in February 2025.<ref name=":1">{{Cite web |last=Fish |first=Isabella |date=2025-05-15 |title=Ex-Tesco executive Tjeerd Jegen to head B&M European Value Retail |url=https://www.thetimes.com/business-money/companies/article/ex-tesco-executive-tjeerd-jegen-to-head-b-and-m-european-value-retail-6hdn26c8k |access-date=2025-05-15 |website=www.thetimes.com |language=en}}</ref> Jegen will start from June 2025.<ref name=":1" />

In October 2025, the company announced its chief finance officer, Mike Schmidt, will leave the company after it has appointed his successor.<ref>{{Cite web |date=2025-10-20 |title=B&M finance chief Mike Schmidt steps down after accounting error |url=https://www.thetimes.com/business-money/companies/article/b-and-m-finance-chief-mike-schmidt-steps-down-after-accounting-error-jck99m626 |access-date=2025-10-22 |website=www.thetimes.com |language=en}}</ref>

==Controversy== ===Fire safety=== [[File:Iceland and B^M Bargains, Burmantofts - geograph.org.uk - 5169826.jpg|thumb|Iceland and B&M Store in Burmantofts, England, United Kingdom]] In 2012, B&M pleaded guilty at Mansfield Magistrates Court to six fire safety offences under the Regulatory Reform (Fire Safety) Order 2005 following a visit from Fire Protection officers of the Nottinghamshire Fire and Rescue Service to their Mansfield store in October 2011. Officers had previously visited in June 2011 and found numerous breaches of the order, including blocked fire exits. However, the failings were found to have been repeated in the revisit and the firm was fined £32,984.17.<ref name="FIRE1">{{cite web |last1=Hook |first1=Richard |title=Notts fire safety prosecution serves as warning to... |url=https://www.fire-magazine.com/notts-fire-safety-prosecution-serves-as-warning-to-firms |website=FIRE |publisher=Fire Knowledge |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107200636/https://www.fire-magazine.com/notts-fire-safety-prosecution-serves-as-warning-to-firms |archive-date=7 January 2021 |location=Shoreham-by-Sea |language=en |date=31 May 2012}}</ref>

===Underage sale of knives=== In 2018, B&M was fined a record £480,000 by Barkingside Magistrates’ Court for selling knives to three children under the age of 18 in test purchases at stores in Redbridge and Barking. The fine was reduced from £720,000 as the business pleaded guilty.<ref name="Indie3">{{cite web |last1=Owoseje |first1=Toyin |title=B&M Bargains fined £480,000 for repeatedly selling knives to east London children |url=https://www.independent.co.uk/news/uk/home-news/bm-bargains-selling-knives-children-fine-knife-crime-east-london-a8550371.html |website=The Independent |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107185110/https://www.independent.co.uk/news/uk/home-news/bm-bargains-selling-knives-children-fine-knife-crime-east-london-a8550371.html |archive-date=7 January 2021 |location=Northcliffe House, London |language=en |date=26 September 2018}}</ref><ref name="BBC1">{{cite web |title=B&M fined for illegal knife sales to east London teens |url=https://www.bbc.com/news/uk-england-london-45603915 |website=BBC News |publisher=British Broadcasting Corporation |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107202210/https://www.bbc.com/news/uk-england-london-45603915 |archive-date=7 January 2021 |location=Broadcasting House, London |language=en |date=21 September 2018}}</ref> thumb|A typical layout of an aisle at a B&M store

===COVID-19 rates relief controversy=== In March 2020, as a result of the COVID-19 pandemic in the United Kingdom, Rishi Sunak, then Chancellor of the Exchequer, gave business rates relief and furlough payments to businesses in the hospitality and retail sectors.<ref name="Indie1">{{cite web |last1=Chapman |first1=Ben |title=What support is the government offering to get through the coronavirus pandemic? |url=https://www.independent.co.uk/news/business/analysis-and-features/coronavirus-financial-support-government-money-help-rent-bills-a9407776.html |website=The Independent |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107165919/https://www.independent.co.uk/news/business/analysis-and-features/coronavirus-financial-support-government-money-help-rent-bills-a9407776.html |archive-date=7 January 2021 |location=Northcliffe House, London |language=en |date=24 March 2020}}</ref><ref name="RetailGazette1">{{cite web |last1=Jahshan |first1=Elias |title=Chancellor extends one-year business rates holiday for all retailers |url=https://www.retailgazette.co.uk/blog/2020/03/chancellor-extends-one-year-business-rates-holiday-for-all-retailers/ |website=Retail Gazette |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107171347/https://www.retailgazette.co.uk/blog/2020/03/chancellor-extends-one-year-business-rates-holiday-for-all-retailers/ |archive-date=7 January 2021 |location=Marylebone |language=en |date=18 March 2020}}</ref> B&M was among several businesses classified as 'essential retailers' and as a result was allowed to remain open when other 'non-essential businesses had to close.<ref name="Guardian3" /><ref name="Indie2">{{cite web |last1=Chapman |first1=Ben |title=B&M Bargains boss pays himself £30m after bumper sales during lockdown |url=https://www.independent.co.uk/news/business/bm-bargains-simon-arora-dividend-results-b1783823.html |website=The Independent |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107185005/https://www.independent.co.uk/news/business/bm-bargains-simon-arora-dividend-results-b1783823.html |archive-date=7 January 2021 |location=Northcliffe House, London |language=en |date=7 January 2021}}</ref> In November 2020, B&M and other retailers were subject to a public outcry for having not handed back payments totalling £1.8 billion intended for propping up retailers prevented from trading due to restrictions, despite making record profits.<ref name="Guardian1">{{cite web |last1=Wood |first1=Zoe |last2=Kollewe |first2=Julia |title=£1.8bn-plus in Covid rates relief to be handed back as B&M joins list |url=https://www.theguardian.com/business/2020/dec/03/sainsburys-hands-back-440m-in-covid-business-rates-relief |website=The Guardian |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107171620/https://www.theguardian.com/business/2020/dec/03/sainsburys-hands-back-440m-in-covid-business-rates-relief |archive-date=7 January 2021 |location=Kings Place, London |language=en |date=3 December 2020}}</ref> The retailer declared £296 million in profit and as a result issued a £250 million special dividend despite having received £38 million in business rates relief and £3.7 million in furlough payments.<ref name="Guardian1" /><ref name="Guardian2">{{cite web |last1=Pratley |first1=Nils |title=Treasury messed up over B&M's Covid rates freebie |url=https://www.theguardian.com/business/nils-pratley-on-finance/2020/nov/12/treasury-b-and-m-covid-rates-freebie-shops-business-rates-relief |website=The Guardian |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107182628/https://www.theguardian.com/business/nils-pratley-on-finance/2020/nov/12/treasury-b-and-m-covid-rates-freebie-shops-business-rates-relief |archive-date=7 January 2021 |location=Kings Place, London |language=en |date=12 November 2020}}</ref> Brothers Simon and Bobby Arora, the CEO and trading director respectively, received a combined total of £37 million of the special dividend due to their 15% shareholding which is said to be worth at least £750 million.<ref name="Guardian2" /><ref name="Guardian3">{{cite web |last1=Partridge |first1=Joanna |title=Lockdown sales boost at B&M prompts £250m special dividend |url=https://www.theguardian.com/business/2020/nov/12/lockdown-sales-boost-at-bm-prompts-250m-special-dividend |website=The Guardian |access-date=7 January 2021 |archive-url=https://web.archive.org/web/20210107183019/https://www.theguardian.com/business/2020/nov/12/lockdown-sales-boost-at-bm-prompts-250m-special-dividend |archive-date=7 January 2021 |location=Kings Place, London |language=en |date=12 November 2020}}</ref> The firm agreed to pay £80 million in business rate relief it had saved, a move mirrored by major supermarkets including Tesco, Sainsbury's and Morrisons.<ref name="Indie2" />

===Electrical safety=== In July 2022, B&M was fined £1 million by the Health and Safety Executive after it was found to have failed in the appointment of a "suitably competent person" to plan and execute work connecting temporary generators at its warehouse in Liverpool. The failing resulted in an electrical explosion causing electrocution and bodily burns of an electrician working on the project.<ref name="IOSH1">{{cite web |last1=Warburton |first1=Nick |title=Budget retailer B&M hit with £1m fine over electrocution |url=https://www.ioshmagazine.com/2022/07/26/budget-retailer-bm-hit-ps1m-fine-over-electrocution |website=IOSH Magazine |publisher=Redactive Media Group |access-date=13 April 2024 |archive-url=https://web.archive.org/web/20240413221239/https://www.ioshmagazine.com/2022/07/26/budget-retailer-bm-hit-ps1m-fine-over-electrocution |archive-date=13 April 2024 |location=Wigston |language=en |date=26 July 2022}}</ref>

==Operations== As of October 2025, B&M operates 764 stores in the UK and 129 stores in France.<ref name=":0">{{Cite web |date=2025-10-07 |title=B&M's new boss plans 'decisive' steps to put retailer back in profit |url=https://www.thetimes.com/business-money/companies/article/b-and-m-new-boss-plans-decisive-action-rejuvenate-retailer-926zrxm27 |access-date=2025-10-07 |website=www.thetimes.com |language=en}}</ref> It also operates 338 Heron Foods stores in the UK.<ref name=":0" />

Since September 2012, some stores have also been selling National Lottery goods.<ref name="B&M sells National Lottery goods">{{cite web|last1=Sengun |first1=Tunc |title=B&M sells National Lottery goods |url=http://www.halfdiscount.co.uk/merchant-B-M-Stores-vouchers-deals-13142.html |website=halfdiscount.co.uk |access-date=22 June 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140707201224/http://www.halfdiscount.co.uk/merchant-B-M-Stores-vouchers-deals-13142.html |archive-date=7 July 2014}}</ref>

==Financial performance== The financial performance has been as follows: {|class="wikitable" style="margin: 0 auto 0 auto;" ! rowspan=2 | Year ending ! rowspan=2 | Revenue<br/> (£ million) ! colspan=3 | Profit |- ! Operating<br/> (£ million) ! Pre-tax<br/> (£ million) ! Retained<br/> (£ million) |- |29 March 2025<ref name=results/> |5,571.0 |566.0 |431.0 |319.0 |- |30 March 2024<ref>{{cite web|title=Annual Report 2024|publisher=B&M|url=https://www.bandmretail.com/~/media/Files/B/Bmstores-Corp/documents/investors/reports-and-presentations/2024/bmstores-annual-report-and-accounts-2024.pdf|access-date=9 February 2025}}</ref> |5,484.0 |608.0 |498.0 |367.0 |- |25 March 2023<ref>{{cite web|title=Annual Report 2023|publisher=B&M|url=https://www.bandmretail.com/~/media/Files/B/Bmstores-Corp/documents/investors/reports-and-presentations/2023/bmstores-annual-report-and-accounts-2023.pdf|access-date=31 December 2023}}</ref> |4,983.0 |536.0 |436.0 |348.0 |- |26 March 2022<ref>{{cite web|url=https://www.bandmretail.com/~/media/Files/B/Bmstores-Corp/documents/investors/reports-and-presentations/2022/fy22-annual-report-accounts.pdf|publisher=B&M|title=Annual Results 2022|access-date=11 February 2024}}</ref> |4,673.0 |610.0 |525.0 |422.0 |- |27 March 2021<ref>{{cite web|url=https://www.bandmretail.com/sites/bmstores/files/reports/2021/fy21-prelims-announcement.pdf|publisher=B&M|title=Annual Results 2021|access-date=14 February 2022}}</ref> |4,801.4 |613.4 |525.4 |428.1 |- |31 March 2020<ref>{{cite web|url=https://staticcontents.investis.com/html/b/bandmretail/annual-report-and-accounts-2020/publication/contents/media/1199628/pdfs/Full_Annual_Report_and_Accounts_2020.pdf|publisher=B&M|title=Annual Report 2020|access-date=24 February 2021}}</ref> |3,813.4 |332.8 |252.0 |80.9 |- |31 March 2019<ref>{{cite web|url=https://staticcontents.investis.com/html/b/bandmretail/annual-report-and-accounts-2019/index.html#page=72|publisher=B&M|title=Annual Report 2019|access-date=29 February 2020}}</ref> |3,486.3 |264.4 |249.4 |202.7 |- |31 March 2018<ref>{{cite web|url=http://bandmretail-ar2018.html.investis.com/#page=76|publisher=B&M|title=Annual Report 2018|access-date=15 March 2019}}</ref> |3,029.8 |239.8 |229.3 |185.8 |- |25 March 2017<ref>{{Cite web|url=http://bandmretail-ar2017.html.investis.com/#page=68|title=B&M European Value Retail S.A. – Annual Report and Accounts 2017|website=bandmretail-ar2017.html.investis.com|language=en|access-date=1 March 2018}}</ref> |2,430.7 |204.5 |182.9 |144.0 |- | 26 March 2016<ref>{{Cite web|url=http://www.bandmretail.com/~/media/Files/B/BM-Stores/reports-and-presentations/financial-reports/announcement-of-2015-16-full-year-results.pdf|title=Preliminary Results 2016|publisher=B&M|access-date=16 April 2017}}</ref> | 2,035.3 | 174.5 | 154.5 | 125.8 |- | 28 March 2015<ref name=ar15>{{cite web|url=http://www.bandmretail.com/~/media/Files/B/BM-Stores/agm/ar-15.pdf|title=Annual Report 2015|publisher=B&M|access-date=16 April 2017}}</ref> | 1,646.8 | 132.9 | 61.7 | 39.9 |- | 29 March 2014 (65-week period)<ref name="companieshouse">{{cite web |url=https://beta.companieshouse.gov.uk/company/01357507/filing-history |title=B&M Retail – Companies House |publisher=Companies House |date=26 March 2016 |access-date=12 January 2017}}</ref> | 1,509.1 | 123.5 | 123.4 | 115.9 |- | 31 December 2012<ref name="B&M's Financial performance 31/12/2012">{{cite web|last1=Sengun|first1=Tunc|title=B&M's Financial performance 31/12/2012|url=http://www.bandmretail.com/~/media/Files/B/BM-Stores/reports-and-presentations/financial-reports/bm-retail-2012-signed-accs.pdf|website=bandmretail.com|access-date=23 June 2014}}</ref> | 935.2 | 88.1 | 88.3 | 66.3 |- | 31 December 2011<ref name="B&M's Financial performance 31/12/2012" /> | 712.6 | 52.0 | 51.7 | 38.0 |- | 31 December 2010<ref name="2010_financial">{{cite web |author=<!--Not stated--> writer|url=http://www.thegrocer.co.uk/articles.aspx?page=independentarticle&ID=209801 |title=B&M Confirms Meteoric Rise as Pre-Tax Profits Hit All-Time High |work=The Grocer |date=29 May 2010 |access-date=29 December 2010|author-link = Staff writer}}</ref> | 538.3 | 35.4 | 35.2 | 25.3 |- | 31 December 2009<ref name="2010_financial"/> | 426.6 | 34.0 | 33.8 | 24.5<ref>{{cite web |author=Bennett, Julia|url=http://www.blackpoolgazette.co.uk/blackpoolnews/BM-staff-anger-over-34obscene34.6310350.jp |title=B&M Staff Anger over 'Obscene' Profit |work=Blackpool Gazette |date=21 May 2010 |access-date=29 December 2010}}</ref> |- |}

==References== {{Reflist|30em}}

==External links== * [http://www.bmstores.co.uk B&M retail website] * [http://www.bandmretail.com B&M corporate website]

{{UK supermarkets}} {{varietyStores}} {{Supermarkets in France}} {{FTSE 250 Index constituents}} {{Authority control}}

{{DEFAULTSORT:B And M}} Category:1978 establishments in the United Kingdom Category:Companies based in Liverpool Category:Discount shops of the United Kingdom Category:Privately held companies of the United Kingdom Category:Retail companies established in 1978 Category:Retail companies of the United Kingdom Category:Variety stores Category:Companies listed on the London Stock Exchange Category:Companies in the FTSE 250 Index Category:Garden centres