Matalan

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…

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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…

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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…

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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…

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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…

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Ex-Asda and Debenhams chiefs in rival £6.5bn bids for Asda

Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival £6.5bn bids for supermarket giant Asda. According…

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UK retailers call for ‘urgent action’ to end labour exploitation

A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel,…

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Matalan seeks £29m HQ sale

Matalan is reportedly seeking a sale of its Liverpool-based headquarters as it looks to inject more cash into the business…

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Matalan reopens 15 retail park stores

Matalan has reportedly opened a select number of its stores located in retail parks across the country.  According to Drapers,…

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Matalan founder sues PwC over ‘misguided’ tax advice 

PwC is reportedly being sued by the founder of Matalan over “misguided” tax advice. John Hargreaves, who set up the…

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