B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.
When Simon Arora and his brother Bobby acquired B&M in 2005, the retailer was a loss-making outfit with approximately 20 stores.
Cut to 2022 and the FTSE 100 general merchandise business operates 1,100 stores across the UK and France, is a mainstay on City analysts’ buy lists and has eclipsed the market cap of heritage retailers including Marks & Spencer.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.