Retail group > B&M United Kingdom

B&M United Kingdom

B&M is a general retailer founded in 1978 which is under the management of B&M corporate. The headquarters is based in Liverpool, United Kingdom. The retailer is one of the leading ones in its sector with increasing revenue and store growth during a period of 8 years till 2016. As of 2018, the company operates 591 stores across the United Kingdom. The firm attracts 4 to 5 million customers weekly.

The retailer offers a wide assortment of products under the following categories:

Sweet grocery
Savory grocery
Chilled & fresh
Dairy
Frozen
Drinks
Personal care
Household

B&M was actually housing various brands like Weetabix, Heinz, Tasties etc and following its acquisition of Heron foods (frozen retailer), the company wants to initiate the frozen category as well.

In fact, the company has a dedicated buying team for frozen products where each buyer manages 6 categories.

4-6 million customers visit the company’s website on a monthly basis. The retailer experiences considerable growth in terms of stores openings. In the year 2011 there were only 168 stores, the following year, 232 stores and reached 240 in 2013. In 2014, the number of stores was 242 and by 2016, the number of stores hit 251. Presently B&M has 571 stores and continues to plan for expansion.

Pertaining to the logistics solutions, the company manages a fleet of HGV Class 1 vehicles in order to conduct its deliveries.

In January 2018, the company launched a full frozen range in its 80 stores and wishes to do the same in all its stores in a 4 year period of time.

In the financial year 2017, the company achieved 3 billion euros in terms of turnover. The firm has a dedicated team of 26,496 employees working towards the ultimate goal of the business.

In fact, the objective of the company is to open a new distribution centre measuring 1 million square feet near Bedford which is going to create 1000 jobs. Having invested 100 million euros in the new distribution centre, it is going to be one of the largest distribution centres in the United Kingdom.