Matalan: Huge losses continue as almost 200 jobs lost Retail Huge losses have continued at Matalan as its sales dipped below £1bn and it shed almost 200 jobs. The Liverpool-headquartered retailer has reported a pre-tax loss of £67.2m for the 12 months to 22 February, 2025. The total comes after Matalan also posted a pre-tax loss of £60m in its prior year. New accounts also [...]
The Range owner confident of sales success but Homebase rescuer struggles to return to profit Retail The owner of The Range has forecasted a continued rise in its sales as it carries on taking advantage of “high profile retail casualties” after rescuing Wilko and Homebase. CDS (Superstores International) hit the headlines again recently when it snapped up part of strike DIY chain Homebase out of administration. The move came after the [...]
UK retail sales ticked up in August in a summertime boost Retail UK retail sales ticked up in August, according to fresh data, after consumer confidence was boosted by good weather.