B&M
Lifestyle

Coronavirus: B&M closing stores ‘until further notice’ due to drop in profits

Some shops are going into hibernation

Bargain retailer B&M has announced it is closing a number of stores due to the coronavirus pandemic.

A rep said it will put 49 of its 656 stores into hibernation until further notice.

B&M said it made the decision after reviewing its finances in the first quarter of 2020.

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B&M
B&M has announced some stores will go into hibernation (Credit: B&M)

The retailer said that 42 of the 49 stores that are closing are close to other big B&M stores that will remain open.

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Nancy Brown
Editor