Matalan

Lenders prepare to take control of Matalan as bid deadline hits

Lenders are reportedly preparing to take control of Matalan after the deadline for its rescue bids was hit last Friday…

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Elliott in talks with Matalan founder over takeover bid

Elliott Advisors has reportedly entered talks with John Hargreaves, the founder of Matalan, regarding his bid to buy back the…

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Matalan eyes sale as inflation dents business

Matalan is reportedly eyeing a potential sale of the discount chain ahead of a looming refinancing deadline, as the business…

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Matalan revenues up 29% in Q1

Matalan has revealed that its total revenue for the 13 weeks to FY23 currently sits at £286.5m, which shows a…

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Matalan lenders eye up advisers amid talks over retailer’s future

Matalan lenders are reportedly eyeing up appointing advisors ahead of talks about the retailer’s future financing in the face of…

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Matalan founder Hargeaves loses 20-year court battle over tax bill

Matalan founder John Hargreaves has lost a long-running court battle with HMRC as he attempts to avoid a tax bill…

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Matalan partners with The Hut Group in new digital drive

Matalan has partnered with THG Ingenuity in a bid to accelerate its digital drive and support “extensive” online growth, in…

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Matalan to create 200 jobs as part of Kickstart scheme

Matalan has announced that it will be creating over 200 placements across its business to assist young people in gaining…

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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,…

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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…

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