Matalan takes huge step towards the black despite sales dip Retail Matalan's pre-tax loss was slashed during its latest financial year despite its sale dipping, according to new figures.
Revealed: Matalan lost over £100m as lenders took control Retail Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed.
Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple AI Matalan launched a Generative AI (GenAI) tool in a "retail first" which it has said will lead to a quadrupling of productivity.
Matalan finance chief to step down after 23 years as successor poached from Poundland February 12, 2024 The chief financial officer of Matalan is to step down after 23 years in role as the fashion retailer announced his successor.