Is Matalan Closing Down at Patricia Landrum blog

Is Matalan Closing Down. Matalan founder john hargreaves is set to lose control of the fashion retailer after a take over deal was agreed. Shoppers bid matalan’s leytonstone store goodbye yesterday as it closed down for the final time. Lenders to matalan are preparing to take ownership of the uk value retailer, in a deal set to end businessman john hargreaves’ control of the chain he founded almost 40 years ago. Matalan, a uk homewares chain, faces a deadline to refinance £350m in debt and may be sold to a group of financial investors. It said it had been forced to close 232 stores but continues to sell clothing online Matalan, run by the billionaire hargreaves family, is seeking as much as £60m; Matalan has traded for over 21 years in leystonstone. Lenders to matalan, one of britain's biggest budget retailers, are preparing for crunch talks about the chain's future financing against a backdrop of soaring inflation and deepening economic gloom.

Matalan subdued in tough retail market TheIndustry.fashion
from www.theindustry.fashion

Lenders to matalan are preparing to take ownership of the uk value retailer, in a deal set to end businessman john hargreaves’ control of the chain he founded almost 40 years ago. Matalan founder john hargreaves is set to lose control of the fashion retailer after a take over deal was agreed. Lenders to matalan, one of britain's biggest budget retailers, are preparing for crunch talks about the chain's future financing against a backdrop of soaring inflation and deepening economic gloom. Matalan, run by the billionaire hargreaves family, is seeking as much as £60m; Matalan has traded for over 21 years in leystonstone. Matalan, a uk homewares chain, faces a deadline to refinance £350m in debt and may be sold to a group of financial investors. It said it had been forced to close 232 stores but continues to sell clothing online Shoppers bid matalan’s leytonstone store goodbye yesterday as it closed down for the final time.

Matalan subdued in tough retail market TheIndustry.fashion

Is Matalan Closing Down Matalan founder john hargreaves is set to lose control of the fashion retailer after a take over deal was agreed. It said it had been forced to close 232 stores but continues to sell clothing online Matalan founder john hargreaves is set to lose control of the fashion retailer after a take over deal was agreed. Matalan, run by the billionaire hargreaves family, is seeking as much as £60m; Matalan, a uk homewares chain, faces a deadline to refinance £350m in debt and may be sold to a group of financial investors. Lenders to matalan, one of britain's biggest budget retailers, are preparing for crunch talks about the chain's future financing against a backdrop of soaring inflation and deepening economic gloom. Shoppers bid matalan’s leytonstone store goodbye yesterday as it closed down for the final time. Matalan has traded for over 21 years in leystonstone. Lenders to matalan are preparing to take ownership of the uk value retailer, in a deal set to end businessman john hargreaves’ control of the chain he founded almost 40 years ago.

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