Skip navigation

Gloucestershire Business News

Matalan sales on the up

Matalan is defying the challenges facing the UK high street, with a 4.9 per cent rise in revenue in its first quarter.

The value fashion retailer said sales came in at £265.9 million in the 13 weeks to 26th May, compared to £253.4 million recorded in the same period last year, as reported by Retail Gazette.

The company, which has stores in Gloucester and Cheltenham, has an ongoing store refurbishment programme and said sales were on the up in both its stores and online. Online sales were particularly strong, growing by 39 per cent.

The company believes its success is down to good stock management and its stores and online offer working well together, giving customers flexibility and convenience.

Matalan doesn't believe the retail climate will improve in the short-term and is cautious in its outlook, but confident its strategy is working well for customers.

Picture credit: Imagery ©2018 Google maps, Map data ©2018 Google

Subscribe to Punchline

Related Articles

HMRC vows to pursue Gloucester businessman until he returns stolen funds Image

HMRC vows to pursue Gloucester businessman until he returns stolen funds

He has been jailed already and is facing a further two years if he does not pay back at least £67,000, but the HMRC has vowed not to let up in the case of a Gloucester businessman.

“Hot” fashion retail brand closes Gloucester Quays store Image

“Hot” fashion retail brand closes Gloucester Quays store

A third fashion brand has announced its days at Gloucester Quays have come to an end, closing its store with immediate effect.

New road surface for A46 Painswick Image

New road surface for A46 Painswick

Gloucestershire County Council highways crews will be resurfacing a stretch of the A46 from Pitchcombe through Painswick village overnight.

Dedicated Sandra celebrates 40 years at Gloucestershire house builder Image

Dedicated Sandra celebrates 40 years at Gloucestershire house builder

Hardworking financier Sandra Bayliss received flowers and well-deserved tributes at a house builder in Gloucestershire, as colleagues celebrated her 40-year work anniversary.

Copyright 2018 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.