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Looking for market comment for B&M results (for the i)

Journalist: Samantha Downes, Currently at the I (business editing some Sundays (freelance) and Mortgage Solutions

ended 26. June 2022

Hi 

I'm on I business pages Sunday duty. I'm looking for analysis of their upcoming results. They looks capable of weather the cost of living crisis but are expected to announce a fall in profits.

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B&M the discount retailers have seen a drop off in revenue by 2.7% , latest reports show. Although it may be weathering this storm, to me shows that consumers are looking at alternative ways of cutting back on cutbacks, such as reverting to old school methods, with regards to cleaning products( which have taken a shift in direction, in favour of essential items) and using natural alternatives that are helpful to our environment. People are more socially conscious these times, exploring new ways of making them savings on income! The store is inclusive to price hikes, with everything so expensive, even discount stores are showing the reflection of this cost of living emergency.