Discount retailer, B&M retail, is expected to announce plans to float on the London Stock Exchange this week. B&M has experienced rapid growth in the last few years and is chaired by Sir Terry Leahy, former Tesco CEO. The retailer sells a range which includes clothing, pet food and homeware. Accounts for the company, filed in September 2013, show a 31 per cent increase in sales in the 12 months to December 2012.
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