Knockdown prices and spacious stores helped to drive customer traffic during the lockdown period, as its stores remained open due to essential status. B&M European Value Retail said it plans to open between 40 and 45 stores by the end of the financial year in March, with a significant number of these coming in the fourth quarter. This was particularly driven by 29.5% growth from its UK retail stores. (Image: Getty Images)Simon Arora, chief executive of the retailer, said the group "performed well" in the first half of the year. "We believe B&M will continue to outperform peers as consumers become much more money conscious."
Source: Daily Mirror September 29, 2020 14:07 UTC