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Discounter B&M Benefitting From Out-Of-Town Footprint, Wide Category Range

Published on Sep 30 2020 8:58 AM in Retail tagged: Trending Posts / GlobalData / Paywall / AJ Bell / B&M European Value Retail / B&M Stores

Discounter B&M Benefitting From Out-Of-Town Footprint, Wide Category Range

Discounter B&M European Value Retail benefitted strongly from its portfolio of stores in retail parks and out-of-town locations during the COVID-19 pandemic, a leading industry analyst has said.

Russ Mould of AJ Bell was commenting following the announcement that B&M posted group revenue growth of 25.3% in the first half of its financial year, with its UK stores seeing like-for-like growth of 23.0%.

'Well-Positioned'

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