Summary
An overhaul of cut-price clothing retailer Matalan is yielding higher like-for-sales and a steadying of profits.
Chief executive John King, who has introduced greater marketing, store refits and a change in products, believed the financial results for the 26 weeks to August 28 proved Matalan was on a more stable footing.See the full content of this document
Extract
Matalan Overhaul Yields Results
He has been encouraged by a 4.5 per cent rise in same-store sales - compared with a 6.7 per cent fall a year ea...
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