It’s time for the second episode in our story about how B&M went from a small discount chain in the north of England to one of the biggest retailers in the UK. In part two we look at B&M’s transition from a promising medium-sized business to a FTSE 100 giant. This is a transition that many businesses fail to make. For B&M, it was about keeping your focus despite constant distractions. But it was also about learning and evolving - in terms of strategy and people. At the end of the episode we speak to Simon Arora about why he stood down as B&M’s chief executive and what may come next for him and the business. If you missed part one of the B&M story, you can find it here This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit offtolunch.substack.com