How B&M became a retail powerhouse as rival Wilko collapses - News Summed Up

How B&M became a retail powerhouse as rival Wilko collapses


The collapse of Wilko has left rival B&M as perhaps the leader in bargain retailing on the high street, with analysts touting the group to maintain its rapid growth trajectory. B&M stepped in this week to snap a number of Wilko stores as it capitalised on its rival collapsWhat does B&M do? Having been listed on the London Stock Exchange for just under a decade, B&M shares have become a staple of many investors' portfolios. But B&M sales grew by 24 per cent between April and December 2020, while other 'non-food' bargain outfits have also performed well. Interactive Investor's Hunter said: 'Its most recent acquisition of 51 Wilko stores is also a show of intent.


Source: Daily Mail September 12, 2023 13:29 UTC



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