B&M European Value Retail SA has had a poor performance in the FTSE 100 Index this year, with shares declining for four consecutive days. The stock has lost a significant amount of its market value, equating to nearly £600 million ($760 million), following a disappointing report of a drop in like-for-like sales on November 14.

The ongoing challenges in the retail sector highlight the difficulties faced by companies reliant on consumer spending amid economic uncertainty.

As hopes for discount stores to capture market share during the economic downturn fade, B&M"s shares have experienced a significant decline in 2024, reaching a two-year low.

The stock has lost a significant amount of its market value, equating to nearly £600 million ($760 million), following a disappointing report of a drop in like-for-like sales on November 14.

The ongoing challenges in the retail sector highlight the difficulties faced by companies reliant on consumer spending amid economic uncertainty.