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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 ...
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The chief executive of B&M Bargains is to quit the retailer after 17 years. Simon Arora said he will step down in 12 months to allow time to find his replacement and enable a smooth transition.
B&M: 1978 B&M European Value Retail S.A. 800+ The business was founded by Malcolm Billington as Billington & Mayman and the first store opened in Cleveleys, England, in 1978 and was acquired by Simon and Bobby Arora from Phildrew Investments in December 2004 Bargain Buys: 2013 Fortress Investment Group: 75
The name was changed to Home Bargains in 1995, but is still colloquially referred to by its original name in the Merseyside area. [ 3 ] [ 2 ] Morris, who was reported to have still owned an 89% stake in the business as of 2013, operates the company with his brother Joe. [ 4 ]
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