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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

B&M warns of profit fall as inflation squeezes customers and retailers

BM Inflation Simon Arora Alex Russo United Kingdom
A B&M lorry driving along a motorway.
B&M’s share price dropped by more than 11% on Tuesday morning. Photograph: AKP Photos/Alamy

The discount retailer B&M has warned that its profits could drop as customers struggling with the cost of living crisis opt for cheaper products.

It highlighted an “uncertain macroeconomic outlook” that could prompt customers to switch to cheaper products, making it difficult to predict the impact of inflation on sales volumes.

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