B and M's £7 Million Mistake: A Retail Nightmare

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Accounting Blunder Sends B and M Shares Plummeting! A costly seven million pound error, blamed on an operating system glitch, forced the CFO's resignation and slashed profit forecasts, triggering a 23% stock drop to record lows. Is this just the tip of the iceberg for the struggling retailer, or can the new CEO steer B and M back from the brink?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.