Overview

• Matalan secured £25 million of additional investor funding in May to finance this expansion.
• It is opening 10 new and relocated stores across the UK in regions including London, Essex, Hampshire and Northern Ireland this year.
• Thirty existing branches are being refurbished with consolidated fitting rooms and tills in single accessible areas and larger self-service checkouts.
• The retailer plans to introduce a customer app to streamline online browsing, loyalty rewards and in-store shopping.
• This rollout marks the first phase of a three to five year program to modernize its roughly 230 UK stores following a 2023 change in ownership.