Sales slumped by almost 20% at budget retailer B&M during the first five weeks of its new financial year, it has been revealed.
The Liverpool-headquartered group, which also owns Heron Foods, came up against tough comparatives from a year ago during the period.
The listed company added that its like-for-like sales tumbled 9.1% to £1.161bn across its 705 UK stores in the three months to June 25.