Retailers/Home Bargains

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Home Bargains profile

A guide to Home Bargains and its operations today. Updated half yearly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must-see stores.

Home Bargains: data

See data on the retailer’s performance and forecasts for its operations by channel.

Home Bargains Snapshot

An essential summary of trading priorities, latest developments, and other key commercial insights for Home Bargains.

UK Country Presentation

A guide to the UK’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

Latest News

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Modest growth from Home Bargains

TJ Morris Ltd, which trades as Home Bargains, has announced profit before tax of £239m for the year ending 30 June 2022. This represents a decrease of 26% versus 2021's figure. However, the retailer reported a modest growth in turnover, increasing by 2% to £3.419 bn.

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Home Bargains acquires Quality Save
Home Bargains has acquired the variety discounter retailer Quality Save. This was completed on 26 January. Quality Save has 21 stores in the north of England. These will now become part of the Home Bargains estate. Quality Save was already well connected with Home Bargains, with latter's products supplied to Quality Save. Quality Save also shares very similar branding and, in some cases, the same...
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Asda starts price matching Home Bargains
Asda has launched a new price match initiative against Home Bargains, in a move that demonstrates how much of a threat the fast expanding variety discounter has become to the UK’s third largest grocer. Source: IGD Research Price Matching on over 100 lines Home Bargains Price Match extends to over 100 popular branded lines stocked by the variety discounter. While the focus is v...
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UK variety discounters post strong performance
Home Bargains sales surpass £3bn The retailer’s revenue increased 20% in the year to 30 th June 2021 to £3.3bn. Alongside this, operational profit increased 52% to £394m in the period. Pre-tax profits rose similarly 51% to £396.7m. Growth was partly driven by new store openings, with the retailer opening 27 in 2021, bringing its total to 552 stores. This followed 19 store openings in 20...
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