The decision was made on Wednesday April 1 as the country continues to fight the coronavirus crisis, saying it comes “in light of current business conditions”.
B&M said the stores to be closed are “small stores”, in some cases in shopping centers that have closed, while 42 of the 49 reserved stores are close to other larger B & Ms.
Coventry has three B&M stores at Ansty Road and in the Gallagher and Airport retail parks, while there are also stores in Nuneaton and Bedworth.
The Liverpool-based firm added that it would review the situation “on an ongoing basis” and that it hopes to reopen stores “as soon as normal shopping habits resume.”
It’s not yet clear which sites are affected by the announcement, reports BusinessLive.
A statement from B&M said: “We are grateful to our dedicated and hardworking colleagues for their remarkable efforts and dedication in our stores and the supply chain functions to help customers in this very difficult time.
“The rest of our store base in the UK continues to comply with government directives. The temporarily closed stores represent respectively 3% and 2% of the turnover and the contribution of the stores for the financial year 2010.
“Colleagues from affected stores in the UK have been put on leave as part of the government’s continued coronavirus program. “
B&M also said it had granted a 10% increase in staff salaries “to reflect the extra workload that the directives impose”.
The company has extended its B&M staff discount to all NHS employees, as well as by donating £ 1 million of food and toiletries to food banks across the UK.
CoventryLive has launched a dedicated WhatsApp service to keep you up to date with the latest news from Coventry and Warwickshire.
Click here to register and follow the instructions on your phone. Your number will not be shared with anyone else in the group. If you would like more information on registration, or if this link does not work, click here.
At the end of March, B&M was exchanged in 656 stores and 293 Heron Food stores.
The statement said that before the decision, B&M and Heron Foods had continued to negotiate according to guidelines issued by the government last week, adding that its top priority was “to protect and support our customers and colleagues.”
No Heron Foods store will be affected by this decision, but B&M’s 101 Babou stores in France are currently closed due to government restrictions.