Strategy (1)
-
Retail Navigator AnalysisMatalan (Strategy)
After a tumultuous period, value chain Matalan commenced a formal strategic sales process in late 2022 and in January 2023 was rescued by a debt-for-equity swap with its lenders. It is now attempting to turn the business around, which has included the hire of the experienced former Co-op Food chief executive Jo Whitfield as its chief executive officer, as well as former Lidl chief executive officer Karl-Heinz Holland as chair. It has also migrated its website to THG Ingenuity platform
