B&M Profits Tumble as New Boss Pushes 'Back to Basics' Plan

B&M profits tumble as new boss pushes 'back to basics' plan

The company also announced a shake-up to its leadership team

B&M changing prices and dropping products after 56pc fall in profits

B&M is significantly reducing its product range in numerous categories

B&M profits tumble amid turnaround efforts

The company also announced a shake-up to its leadership team as part of efforts to improve performance following recent weaker trading. B&M has revealed sliding profits as it pushes forward with turnaround efforts under its new boss. The company also announced a shake-up to its leadership team amid efforts to improve performance following recent weaker trading. On Thursday, B&M European Value Retail reported that group pre-tax profits slid by 55…

B&M makes management changes after 30 % drop in profits - RetailDetail EU

B&M has made significant changes to its management team following a sharp decline in profits in the first half of its financial year. The British non-food discounter’s revenue, on the other hand, rose by 4 %.

B&M first-half profit down 55% to £75m – Northern Financial Review

Liverpool-based B&M European Value Retail said its group profit before tax fell 55.6% to £75 million in the 26 weeks to September 27, 2025. B&M said group revenues increased 4% to £2.749 billion “driven by total value and volume growth in both B&M businesses.” B&M shares are down more than 50% in 2025. B&M CEO Tjeerd Jegen said: “Our Back to B&M Basics plan is progressing and we are taking decisive actions to improve our retail execution and res…

B&M Bolsters Management Team After Slump In Profits

B&M has shaken up its leadership team amid efforts to improve its performance after posting a heavy fall in first-half profits and weak sales growth. Over the six months to 27th September, the value-oriented retailer saw its pre-tax profits slide (more…) The post B&M Bolsters Management Team After Slump In Profits appeared first on KamCity.