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B&M Bargains and Poundland set to expand

Value retailers are extending their rivalry from the high street to out of town as B&M Bargains launches a home format and Poundland targets retail parks. Family Bargains, the fledgling sister chain of 99p Stores, is also looking out of town.

B&M Bargains has launched B&M Home Store after snapping up Opus Homewares’ 36 stores for £48m.

B&M Bargains joint-managing directors Bobby and Simon Arora both sat on the board of Opus Homewares, which was previously owned by a consortium of private investors and family trust…for full story see subscription site RETAIL WEEK

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