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B&M Retail Limited, trading as B&M, is a British multinational variety store and garden centre 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 .
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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 ...
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.
B&M is a chain of discount stores in the UK. B&M may also refer to: B&M Baked Beans, a brand of baked beans from B&G Foods; Black & Mild, a cigar brand; Bolliger & Mabillard, a Swiss roller coaster manufacturer; Boston and Maine Railroad; Brasil & Movimento, a Brazilian motorcycle manufacturer; Brick and mortar
Thomas Joseph Morris was born on 10 February 1954 in Liverpool. [2] He is the son of a shopkeeper in Liverpool's Scotland Road, and one of seven children of Tom and Veronica Morris. [3] [4] The Morris family have been involved in retailing for three generations. [5] He received a degree in engineering. [4]
The purchase came after Quality Save reported it had made a loss of more than £64,000 for the 12 months, compared to a prior £1.3m profit the year before despite having an increase of £3.7 million turnover, all Quality Save stores will convert to the Home Bargains name and brand. [8]
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]