B&M news and archive

B&M European Value Retail names Tjeerd Jegen CEO

B&M European Value Retail S.A. (BME.L) announced that it has appointed Tjeerd Jegen as Chief Executive Officer. Tjeerd will take over from Mike Schmidt, currently interim Chief Executive Officer on 16th June 2025. Tjeerd has over 25 years of experience in retail, holding leadership positions at well-known companies like Ahold Delhaize, Metro,...

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B&M buys French retailer Babou for 91.2 million euros

B&M European Value Retail S.A. (B&M) has announced the acquisition of French brand Babou for 91.2 million euros (80.5 million pounds). B&M group currently has a network of 591 discount stores under the B&M banner, as well as 269 low-cost Heron Food stores and 88 Jawoll outlets in Germany. Commenting on the announcement in a statement, CEO of...