Department StoresNews
Matalan profits drops by 44% at end Q2
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/10/store-984393_1920-e1602678414189-895x540.jpg?lossy=1&strip=1&webp=1)
Profit at retail chain Matalan dropped 44% to £25.8m during the 13 week period ending 29 August as the retailer reported lower revenues due to heavy discounting in a bid to clear stock.
You'll need to
subscribe to unlock this content. Already subscribed? Login?