Jan 23 (Reuters) -

British discount chain B&M said on Tuesday that Chairman Peter Bamford will retire in 2024, after nearly six years in the role.

The FTSE 100 group, which sells everything from toys to frozen food and garden furniture, said the recruitment process for a successor will commence with immediate effect, and that Bamford's retirement date has not been set yet.

Earlier this month, B&M

maintained

its full-year profit outlook as it reported a 5.0% rise in revenue over the Christmas quarter, even as its growth slowed. (Reporting by Eva Mathews in Bengaluru; Editing by Eileen Soreng)