Discounter B&M announces strong Q3 like-for-like sales

Robin Mannering

Fast-growing discounter B&M has announced a 12.9% increase in like-for-like third quarter sales across its 569 UK stores.

The group reported sales of £837.3m at its B&M stores in the 13 weeks ending 23 December 2017m and opened 19 new stores during the same period.

The Heron store estate, which B&M European Value Retail acquired in August, contributed sales of £79.8m. It opened four Heron stores during the quarter, taking the total estate to 263 stores.

Chief executive Simon Arora said: “B&M continues to go from strength to strength. Despite the demanding comparatives from the very strong Christmas in 2016, our buying, supply chain and retail teams achieved another outstanding performance this year by doing what we do best, which is delivering great value for customers week-in, week-out.

“With Heron also performing well and Jawoll having a solid quarter, I’m delighted with our progress and on behalf of the Board I would like to thank all of our colleagues for their hard work and commitment.”

The group also operates 84 Jawoll stores in Germany.

Readers' comments (1)

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email groceremails@wrbm.com

What are the 1st and 7th letters of this word?: VOLUNTARY

Text size

Desktop Site | Mobile Site
Close message