All B&M Bargains articles – Page 13
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Opinion
Comment: Only the best retailers pique private equity interest
Private equity loomed large on the retail landscape this week as it emerged Clayton Dubilier & Rice has taken a 60% stake in value retailer B&M Bargains.
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Analysis
Analysis: B&M Bargains deal sets foundations for European growth
Private equity firm Clayton Dubilier & Rice yesterday revealed its estimated £965m investment in value retailer B&M Bargains as well as Sir Terry Leahy’s appointment as non-executive chairman. Retail Week speaks to co-managing director Simon Arora and analyses the implications of the deal.
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Analysis
Sir Terry Leahy: Career highlights
Sir Terry Leahy is to take on the role of chairman at value retailer B&M Bargains, his first retail role since stepping down from Tesco. Having spent all his retail career at Tesco, here are his career highlights.
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News
B&M Bargains sold to US private equity firm as Terry Leahy named chairman
B&M Bargains has been sold to US private equity firm Clayton Dubilier & Rice, which is set to appoint former Tesco boss Sir Terry Leahy as chairman of the value retailer.
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News
TK Maxx circles 25 Comet stores
Discount fashion outlet TK Maxx has joined the race to secure a package of Comet stores, as administrator Deloitte prepares to close another 14 by the end of the week.
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News
Second round bids for B&M Bargains expected next week
Second round bids for value retailer B&M Bargains are expected by the end of next week, it is understood.
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News
41 Comet stores to close by end of the month
The administrators of collapsed electricals retailer Comet have confirmed that 41 Comet stores will close by the end of the month, putting up to 1,000 jobs under threat.
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Analysis
Analyisis: Why do US investors want to bag a value chain like B&M Bargains?
The UK love affair with value retailers seems to have spread across the pond as it emerges that US private equity groups are the main backers leading the charge for B&M Bargains.
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News
American interest in B&M bargains could spark more value buys
American private equity groups are at the forefront of the race to buy up-for-sale retailer B&M Bargains which could trigger further acquisitions in the UK value sector.
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News
Shop Direct eyes Comet brand
Shop Direct is considering buying the brand and website of ailing electricals retailer Comet, which collapsed into administration last week.
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News
Analysis: B&M Bargains at a glance
A cluster of private equity firms are understood to have made first round bids for B&M Bargains, with a view to either buying the value retailer entirely or injecting capital for further growth.
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News
First-round bids submitted for B&M Bargains
First-round bids have been submitted by a cluster of private equity firms circling discount retailer B&M Bargains.
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News
Discounters bid for JJB stores following collapse
Value retailers are competing to secure the best of JJB’s closed stores after the sports retailer collapsed into administration last week.
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News
B&M Bargains seeks partner for expansion into Europe
Variety store group B&M Bargains is on the hunt for a European partner as it plans to open on the continent following stellar growth in the UK.
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News
B&M up for sale after rapid growth
Discount retailer B&M has been put up for sale after becoming Britain’s fastest growing retailer.
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News
Iceland buys Peacocks stores as value retailers size up the estate
Iceland has bought seven former Peacocks stores from the value fashion retailer’s administrator KPMG.
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News
B&M posts 47% profit growth
B&M Bargains has posted soaring pre-tax profits, up 47% to £51.7m, for the 2011 calendar year driven by higher footfall and store growth.
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News
B&M Bargains reports strong year
Value chain B&M Bargains pre-tax profit rose from £33m to £35m in the 2010 calendar year as like-for-likes jumped 6%.
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News
Locations of Focus stores acquired by Wickes and B&M Bargains revealed
Focus DIY administrators Ernst &Young have revealed the locations of all Focus stores purchased from retailers Wickes and B&M Bargains.
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News
Focus stock liquidation to begin next week
DIY group Focus’s administrator Ernst & Young has hired restructuring specialists to begin liquidating stock next week, Retail Week has learned.