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Retail

Matalan plots to refurbish 40 stores, rolls out concession concept

British chain Matalan has said it will continue to roll out its retail refurbishment plans into the new year, with 40 stores now due to undergo renovations. The updated strategy, which will see 10 more locations refurbished than initially planned, comes in response to the positive response of already refreshed stores, which Matalan said are...

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Business

Matalan's EBITDA rises despite sales decline amidst challenging market

Matalan, the UK-based omnichannel fashion and homeware retailer, has reported a 9 percent dip in full-year sales to 985 million pounds. However the strategic emphasis on driving profitability resulted in a 6 percent year-on-year increase in EBITDA to 56 million pounds for the year ended February 22, 2025, with an 11 million pounds improvement in...

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