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B&M Retail Limited, trading as B&M, is a British multinational variety store chain founded in 1978 and based in Speke. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. B&M is part of the Luxembourg-based B&M European Value Retail S.A., which owns Heron Foods and operates the B&M (formerly Babou) stores in ...
This page was last edited on 22 July 2020, at 20:30 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
The stores were invented to rival the likes of popular discount retailers such as Home Bargains, B&M Bargains and Poundstretcher. As of 2015, the chain had 41 stores across the United Kingdom [citation needed]. The company intended to expand rapidly, with plans to double the number of stores by 2016, [8] and to open an additional 100 stores by ...
It provides insurance products, and operates price comparison websites. It was founded in 1991 as a division of the Brockbank Group. In 1999 Henry Engelhardt led a management buyout of Admiral Group from the Brockbank Group. In 2022, its revenue was £1.4 billion, with a net income of £371 million.
In 2017, Simon and Bobby Arora cashed in £215m of shares and reduced their stake in B&M by a quarter, three years after taking it public. [6] As of May 2019, the Arora brothers (Simon, Bobby and Robin) jointly have a net worth of £2.26 billion. [7] Arora stepped down as CEO of B&M in September 2022 following 17 years in the role.
Home Bargains is a British variety store chain founded in 1976 by Tom Morris in Liverpool, England, as Home and Bargain. It is the trading name of TJ Morris Ltd . History
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