B&M boss, Simon Arora, to step down from discount chain

Retailer, with more than 600 stores in the UK and a further 500 in France, thrived during lockdown

Simon Arora, the billionaire co-owner and chief executive of B&M, the discount chain that cemented its place as one of Britain's most successful retailers during the pandemic, is to retire.

The 52-year old, who runs the business with co-owner Bobby with involvement to a lesser extent from youngest sibling Robin, is to stand down early next year after 18 years running the chain.