All Matalan articles – Page 13
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AnalysisIt’s a wrap: Christmas performance revealed
Christmas is over and many retailers’ hangovers were often less painful than anticipated, but was it really better than expected? Charlotte Hardie reports.
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NewsMatalan asks banks to loosen covenants
Matalan has asked its banks to loosen its covenants on debt incurred in 2010.
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NewsPaul Mason appointed toy brand Mayborn chairman
Cath Kidston and Radley & Co chairman Paul Mason has been appointed chairman of Mayborn.
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NewsMatalan like-for-likes soar 9.9% over Christmas
Matalan like-for-likes soared 9.9% in the five weeks to December 31.
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NewsMatalan's credit rating downgraded
Matalan’s credit rating was downgraded by Standard & Poor on Tuesday, with one debt facility cut to ‘junk’ status, it is understood.
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NewsMatalan cautious after profits slump 63%
Matalan said it remained cautious on the outlook after the value fashion and homewares retailer reported a 63% plummet in EBITDA for the second quarter.
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NewsMatalan hires dedicated head to drive web sales
Value retailer Matalan has hired its first dedicated head of online and has appointed a former Sainsbury’s executive as part of plans to drive web sales and focus on its value offering.
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NewsMatalan to trial management scheme
Value fashion and homewares group Matalan is to launch a bespoke training scheme to ensure all its retail managers are trained to a standardised level.
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NewsMatalan to create 2,300 Christmas jobs
Value chain Matalan is to create 2,300 additional roles across its store network over this year’s Christmas period.
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NewsMatalan posts quarterly sales fall
Value fashion group Matalan has posted a quarterly sales decline and warned that trading conditions remain tough, despite an uptick in July.
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AnalysisProfile: New B&Q commercial director Darren Blackhurst
Former Matalan boss Darren Blackhurst has been appointed as the new commerical director at B&Q. Here is Retail Week’s profile of him written in 2011.
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AnalysisHelping the unemployed back to work
Retailers are tapping different and more local sources for new recruits, finds Rebecca Thomson
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NewsMatalan EBITDA dips as snow hits Q4 trading
Matalan has reported a 7.4% dip in EBITDA in its full year results, which the value retailer said reflected the impact of the snow in its fourth quarter.
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Opinion
A year to forget for New Look
It’s hard to believe that little more than year ago, fashion group New Look hoped to pull off an IPO.
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NewsPrimark owners highest ranked retailer on Rich List
Galen and George Weston, who hold a 21% stake in Primark-owner Associated British Food (ABF), were the top-placed retailers in The Sunday Times Rich List.
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NewsThe Hut gears up for float with adviser beauty parade
Online retailer backed by Rose considering IPO to capitalise on growing appetite for digital stocks.
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NewsDarren Blackhurst confirmed as new chief of Matalan
Darren Blackhurst has been confirmed as chief executive of Matalan, according to headhunters Flint Hyde.
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NewsMcGeorge named executive chairman of New Look
New Look has named former Matalan chief executive Alistair McGeorge executive chairman.
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NewsMatalan details refinancing and hires new boss
Value chain Matalan has told bondholders that it would refinance the business, at a meeting where it also signalled its intent to appoint former Asda executive Darren Blackhurst as chief executive.