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.
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Jul- 2021 -8 JulyShopping Centres
HMV opens new site at St Johns Liverpool
St Johns Liverpool, the largest covered shopping centre in the city of Liverpool, has announced that HMV will open a new store in the site on 20 July. HMV will open on Williamson Square, joining over 100 other businesses within St Johns, such as JD Sports and Matalan. The store,…
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Jun- 2021 -28 JuneClothing & Shoes
Matalan FY21 losses widen to £118m
Missouri Topco, the owner of Matalan, saw its losses for the 52 weeks ended 27 February 2021 extend to £118.6m, up from £16.7m the previous year. During the period, the fashion and homeware retailer swung to an operating loss of £39.3m, down from £69.3m of operating profits seen in FY20.…
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May- 2021 -21 MayCoronavirus
Ikea and Primark most searched for brands since reopening, study finds
Ikea and Primark have been the most searched for brands following restrictions being lifted in April, according to new data from Dojo which has revealed the UK’s spending habits. The UK payment provider analysed Google search volumes to reveal the most in-demand brands post-lockdown, and which activities Brits were looking…
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Jan- 2021 -19 JanuaryClothing & Shoes
Matalan revenue falls 21.5% in Q3
Matalan, the out of town fashion and homeware retailer, has announced its year-on-year revenue plummeted 21.5% for the 13 weeks ended 28 November 2020. The drop in sales from £311.7m to £244.8m came as a result of the “severe Covid-19 related disruption” that the November lockdown caused the firm. Adjusted…
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Dec- 2020 -22 DecemberNews
Matalan sells head office for £25m
Matalan has completed the £25m sale of its head office in Knowsley, Liverpool to a company already owned by the retailer’s founder. In a statement the discount retailer said that the sale represents the “planned completion of transactions” set out during the financing activity undertaken in June, following the “significant…
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Oct- 2020 -14 OctoberDepartment Stores
Matalan profits drops by 44% at end Q2
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. Revenue declined 11.6% to £258m, down from £292m the previous year. Net cash however, at the end…
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5 OctoberOnline & Digital
Very Group appoints digital customer experience director
The Very Group has appointed Paul Hornby as the company’s digital customer service director. Hornby is set to rejoin the online retailer from Matalan in January 2021, having been Very’s head of Commerce and head of Transformation. In his new role, Hornby will work towards giving customers an accessible mobile…
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Sep- 2020 -23 SeptemberSupermarkets
Lone Star drops out of Asda race
US private equity firm Lone Star has reportedly dropped out of the £6.5bn race to acquire Asda from Walmart. According to the Telegraph, Lone Star was unable to meet the asking price asked by Walmart, leaving its rival Apollo in pole position for the grocer. However, reports also suggest that…
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14 SeptemberDepartment Stores
Matalan CEO steps down
Matalan CEO Jason Hargreaves has stepped down from leading his family’s company after seven years at the helm. Hargreaves is the son of Matalan owner John Hargreaves, who founded the fashion and homewares retailer in 1985, and will continue at the company as a strategic adviser for the board. Steve…
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7 SeptemberSupermarkets
Asda future could be decided this week as takeover deadline looms
The future of ‘Big Four’ grocer Asda could be decided as early as this week, as rival private equity firms reportedly finalise their bids. According to The Telegraph, bids for the grocer, which is valued at around £6.5bn, are due today (Monday 7 September) with private equity firms Apollo Global…
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