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Evening Standard
Evening Standard
Business
Holly Williams

B&M alerts over profits again amid turnaround plan

Budget retailer B&M has warned over annual profits (Alamy/PA) -

Discount chain B&M has warned over profits once again after seeing sales come under pressure and slashing prices as it continues with overhaul efforts.

The group said UK like-for-like sales fell 0.6% over the all-important quarter to December 27, although it saw an “encouraging” 3% rise in December and said growth had continued into January.

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