B&M overhauls leadership after profits slump 30%
B&M has reshuffled its senior management team after reporting a 30% drop in profits for the first half of the year and grappling with an accounting error that rocked investor confidence.
Pre-tax profits at the discount chain fell to £191 million in the 26 weeks to 27 September, as rising costs and thinner margins hit performance.
The results follow a turbulent few weeks for the retailer, which saw its share price hit a record low after a £7 million accounting blunder last month f
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