Discount retail giant B&M has announced four new megastores are set to open across the UK next month as part of its continued nationwide expansion.

The bargain chain has thrived while many high street rivals struggle. B&M will launch new stores in England, Scotland and Northern Ireland within the next few weeks. The openings come amid strong financial performance, with B&M – which also owns the UK and France operations and the Heron Foods chain – reporting revenues up 2.5% to £5.6 billion in 2024.

The first of the new stores will open in Diss, Norfolk, on Saturday, February 28. Three further openings will follow in quick succession next month.

A store in Strabane, County Tyrone, is set to open on Friday, March 20. Just a day later, on Saturday, March 21, another branch will launch in Fort William, Inverness-shire.

The final opening, expected to be the largest of the four and featuring a garden centre, is scheduled for Friday, March 27.

The expansion means more shoppers will be able to access B&M’s discounted ranges, spanning everything from make-up and homeware to garden products and seasonal items such as Easter chocolate.

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The openings follow recent moves by the retailer to roll out further in-store discounts in a bid to boost profits. Earlier this year it was reported that more than 35% of selected product lines had their prices cut, with reductions averaging 1.8%.

Founded in 1978, B&M has grown into one of Britain’s best-known value retailers, operating hundreds of stores across the UK.

The chain is known for its warehouse-style outlets offering low-cost homeware, furniture, food and drink, toys, electricals, DIY products and seasonal goods. Its out-of-town “megastores” often feature large floor spaces and, in some locations, garden centres.