DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!B and M's £7 Million Mistake: A Retail Nightmare
B and M's £7 Million Mistake: A Retail Nightmare

B and M's £7 Million Mistake: A Retail Nightmare

Update: 2025-10-22
Share

Description

Accounting Blunder Sends B and M Shares Plummeting! A costly seven million pound error, blamed on an operating system glitch, forced the CFO's resignation and slashed profit forecasts, triggering a 23% stock drop to record lows. Is this just the tip of the iceberg for the struggling retailer, or can the new CEO steer B and M back from the brink?

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

B and M's £7 Million Mistake: A Retail Nightmare

B and M's £7 Million Mistake: A Retail Nightmare