In 2019, B&M European Value Retail opened the second-biggest distribution centre in Europe. Occupying 1m square feet, the warehouse sits on the outskirts of Bedford and supplies 333 stores, with the capacity to serve many more. Five years down the line, however, and the discount chain’s growth story seems to have faltered. Its shares have declined by over a fifth since January and B&M is now one of London’s most shorted stocks.
Read the full article on the Investors’ Chronicle website
