B&M to open three brand-new stores this week – is one coming near you?
OPEN FOR BUSINESS B&M to open three brand-new stores this week – is one coming near you?
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MAJOR discounter B&M is set to open three brand new stores this week in a boost for shoppers.
The DIY, toys and games and pets retailer is pulling up the shutters on the sites between Thursday and Saturday.
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B&M is opening three new stores in days
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A store in Erdington, Birmingham, will open on Thursday (June 19) while a second will open on Friday in Galashiels, Selkirkshire, Scotland.
The third location is opening in Halifax, West Yorkshire, on Saturday (June 21).
Details on the new stores including their contact numbers can be found on the B&M website bmstores.co.uk/new-stores.
It comes as B&M opens a number of branches across the UK, including 14 since the start of the year.
Shops have opened in Leicestershire, Kent, Shropshire, Cumbria and Somerset.
Most recently, shops have opened in Bridgend, South Wales, Winsford, Cheshire and Chatham, Kent.
In its latest results, B&M reported an increase in group revenues of £5.6billion in the 52 weeks to March 29, up from around £5.3billion in the 52 weeks to March 30, 2024.
But, group operating profit was down 7% over the same time window, from £608million to £566million.
The retailer acknowledged the group's sales performance was "below expectations" due to a challenging economic backdrop.
However, it said the group's overall profit in the 52 weeks to March 29 was still "resilient".
5 ways to save money in B&M
The retailer said it opened 45 B&M stores, plus a further 11 in France over the year, with more openings expected this year.
The retailer is yet to confirm the full list of 45 branches which opened over the 52 week period.
OTHER RETAILERS OPENING STORES
The retail sector has struggled in recent years as households turn to online shopping and amid high inflation.
The Centre for Retail Research said more than 13,000 high street shops closed for good in 2024.
The complete list of confirmed B&M openings this year
Here is a list of the 18 locations we do know about: Hall Croft, Shepshed, Leicestershire - April 26
New Rossington, Doncaster, South Yorkshire - May 2
Eastgate, Louth, Lincolnshire - May 16
Watling Road, Bishop Auckland, County Durham - May 17
Bridge Street, Killamarsh, Derbyshire - May 21
Middlebrook Way, Holt Road, Cromer, Norfolk - May 23
Linden Park Road, Tunbridge Wells, Kent - May 24
Tweedmouth, Berwick-upon-Tweed, Northumberland - May 30
Wyndham Way Retail Park, Portishead, Somerset - May 30
The Market Hall, The Eden Centre, Carlisle, Cumbria - May 30
Wrekin Retail Park, Arleston, Telford, Shropshire - May 31
Horsted, Chatham - June 6
Queens Parade, Winsford – June 11
Picton Court, Bridgend - June 14
Erdington - June 19
Galashiels - June 20
Halifax - June 21
Antrim – August 19
This was after more than 10,400 stores closed permanently in 2023, it said.
However, some retailers and chains have been bucking the trend and opening stores across the UK.
Discount supermarket Aldi recently earmarked 115 areas where it wants to open new stores.
The retailer is looking to open four stores in Leicester, plus two in Wolverhampton and Sheffield.
Meanwhile, M&S wants to open 12 new food stores across the UK, creating 500 jobs.
The move is part of the retailer's 'store rotation and renewal' programme, which aims to bring in 420 bigger, fresher food shops and upgrade 180 full line stores by 2027/28.
Family-owned Søstrene Grene is reportedly eyeing up 50 new stores across the UK as well.
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