Matalan
This coverage explores Matalan’s strategy and performance in the UK retail sector, focusing on store operations, financial results, leadership decisions, and brand positioning. Reporting highlights how Matalan responds to market challenges and customer trends, offering insights for retail executives, managers, and professionals monitoring value-focused and family-oriented retail.
-
Feb- 2025 -6 FebruaryPeople Moves
Asda recruits former Matalan CEO as non-exec director
Asda has announced the appointment of Jo Whitfield, the former CEO of Matalan, to the role of non-executive director. Until last year, she led Matalan’s business turnaround strategy and a refocus on value. Whitfield, who has previously spent eight years with Asda and its clothing brand George from 2008, had…
Read More » -
Jan- 2025 -28 JanuaryShopping Centres
Merry Hill announces new leases for Costa Coffee and Bensons for Beds
Merry Hill has announced that Costa Coffee and Bensons for Beds are opening new sites at the shopping destination. Bensons for Beds will open a 8,000 sq ft store. Dedicated to “Sleep Wellness”, the new store will showcase the retailer’s extensive range of beds, furniture, and bedding. Meanwhile Costa is…
Read More » -
Oct- 2024 -8 OctoberNews
Matalan CEO steps down
Matalan, the omnichannel retailer for families, has announced that Jo Whitfield, chief executive officer, has decided to step down from the business to pursue a portfolio career. Under her leadership, the brand has made “significant” progress, rebuilding the top team and re-establishing its value credentials. Karl-Heinz Holland, chair of the…
Read More » -
Jul- 2024 -23 JulyClothing & Shoes
Matalan adds over 25 new brands to online offering
Matalan has added over 25 new third-party brands as part of its efforts to improve the choice quality products on offer. Over the next few months, customers will see a host of new brands available on the Matalan website across all core categories. This includes womenswear options from fashion-forward brands…
Read More » -
Apr- 2024 -17 AprilHigh Street
Matalan welcomes 17 new third-party brands
Matalan has expanded its range by launching 17 new third-party brands within womenswear, menswear, kidswear, homeware and gifting, as well as extending the range of sizes available across hundreds of lines. Among the new brands are Mountain Warehouse, Regatta, BRITBAG Luggage, Threadbare, Brave Soul and ToeZone. In addition, with the…
Read More » -
Mar- 2024 -12 MarchNews
Today’s news in brief-12/3/24
Superdry is in talks with Hilco Capital for a loan of up to £20m. This loan would support the company’s ongoing turnaround efforts and provide liquidity for its operational needs, including managing seasonal working capital peaks. Additionally, Superdry aims to extend the maturity date of its facilities with Hilco. These…
Read More » -
12 MarchDIY
Matalan fell to £100m loss before takeover, filings reveal
Matalan fell to a pre-tax loss of £103.4m in FY23, widening from a £7m loss the prior period, in a year that saw the group rescued by a group of investors. According to newly-filed accounts with Companies House, EBITDA fell to £124.1m in the year ended 25 February 2023, down…
Read More » -
11 MarchNews
Today’s news in brief-11/3/24
Doug Putman, the owner of HMV, is reportedly contemplating a bid to acquire The Body Shop from its administrators. The Body Shop has encountered financial difficulties, including filing for bankruptcy in the US and Canada. This move follows the closure of numerous stores and job losses. Private equity firm Aurelius…
Read More » -
11 MarchNews
Matalan unveils five new senior leadership appointments
Matalan, the fashion and homeware omnichannel value retailer, has announced the appointment of five new leaders as it continues its business transformation. The retailer has appointed a new director of online, David Seeby, to drive forward its e-commerce offer, harnessing new technology to build a best-in-class omnichannel experience for Matalan’s…
Read More » -
Feb- 2024 -13 FebruaryNews
Today’s news in brief-13/2/24
Yodel has been rescued by rival company Shift, marking a significant development in the logistics sector. Yodel, acquired by YDLGP Limited, backed by Shift and other investors, is set to merge with Shift, known for successfully revitalising the Tuffnells brand. The merger aims to create a robust logistics platform catering…
Read More »