B&M has introduced a new sofa bed priced at £160, which is being compared with a similar product at The Range that costs £280. Shoppers have noted that the two options appear quite similar in style and functionality, making B&M's offering an attractive and affordable alternative. The product is described on B&M's website as the 'Dana Folding Sofa Bed,' which emphasizes comfort and versatility, allowing it to switch from a sofa to a bed quickly.

The Dana Folding Sofa Bed comes in a chic green velvet finish and is designed to suit various living spaces, potentially enhancing the look of rooms such as the living room, dining area, or bedroom without breaking the bank. This item's aesthetic and practical attributes appear to appeal to budget-conscious consumers who seek stylish home furnishings that do not compromise on comfort.

Overall, the competition between B&M and The Range illustrates the dynamics of the home furnishings market, where shoppers are always on the lookout for stylish alternatives that fit their budgets. The price difference between these two options is likely to influence consumer choices, with B&M positioning itself as a provider of stylish yet affordable solutions in home decor.