B&M UK Sales Squeezed as Lower-Income Consumers Miss Out on Wage Rises

B&M sees profits fall 13 per cent to £431m - as shoppers cut back on spending

BUDGET retailer B&M has seen profits fall 13 per cent to £431million as shoppers cut back on spending. The chain blamed poor weather at the start of its financial year for “very subdued” sales of its garden centre range. ReutersB&M has seen profits fall 13 per cent to £431million as shoppers cut back on spending[/caption] And price cuts to attract customers are said to have reduced revenue from homeware, toys and electricals, and led to a profit…

A subdued garden season! B&M sales suffer from 'consumer caution'

B&M's annual sales came in short of forecasts after the discount retailer faced weaker demand from shoppers across Britain.

B&M UK sales squeezed as lower-income consumers miss out on wage rises

The retail chain said cutting some of its prices had resulted in it making less money for products like homeware, toys, and electricals.

Cautious consumers send B&M profits tumbling - Liverpool Business News

‘Limited real wage growth’ among lower paid UK consumers help send sales and profits falling at Liverpool value retail giant B&M. Tony McDonough reports Inside a B&M store – sales are down in the chain’s UK outlets   Liverpool value retail giant B&M has blamed falling sales and profits on “limited wage growth” among its customers. B&M, which has its headquarters and main distribution hub in Speke in south Liverpool, has published its results for…

B&M: FTSE 250 shares plunge as profit and job cuts revealed

Shares in B&M have plunged by more than ten per cent after the retailer revealed a lower profit, rising debt and job cuts. The Liverpool-headquartered company, which is a member of the FTSE 250 index, reported a pre-tax profit of £431m for the 12 months to 29 March, 2025, down from the £498m it achieved in the prior year. Figures filed with the London Stock Exchange also show the chain’s net debt increased in the year by almost six per cent to £…

B&M sales and profits fall as lower-income consumers miss out on pay rises

Sales at B&M’s UK stores fell by 3.1% in the 12 months to the end of March, while profits slid by 13.2% to £431m.Photograph: Maureen McLean/Rex/Shutterstock Lower-income consumers missing out on wage rises have been blamed by one of Britain’s biggest discount retailers for a slide in its sales and profits. B&M, which issued a profit warning in February, said consumers had been more cautious about their spending over the past year. It added its s…