Gross sales have been introduced with 50% reductions after announcement in chain which has been on excessive road since 1985
Matalan has mentioned three shops are closing in 2026 (Picture: Getty Photos)
Matalan at North Valley Retail Park, Pendle, will shut on March 7, it has been confirmed. In a setback for the North West this follows the choice to close the Carlisle department on the identical date.
The style and homeware chain will proceed buying and selling on the North Valley Retail Park in Colne for an additional week earlier than closing completely.
The agency supplied no reasoning for the closure and has as an alternative begun providing 50% reductions on its merchandise.
A Matalan spokesman mentioned: “Our precedence now’s to assist our colleagues. We’re working intently with all these affected and, the place doable, exploring different positions.”
We’ve got totally loved serving clients on the retail park and hope they may proceed to buy with us at our close by Accrington or Blackburn shops. “The corporate was established in 1985 by British businessman John Hargreaves.”
The founder created the shop identify by merging these of his two sons, Matt and Alan. Following 40 years of operation, Matalan runs greater than 200 shops throughout the UK alongside an internet buying platform.
But the Lancashire website is not the only real department going through closure, because the retailer additionally introduced lately it might shut down its Carlisle outlet on seventh March.
The Matalan retailer in Colne will shut on March 7 (Picture: Streetview)
The agency acknowledged it closed its Carlisle megastore to facilitate a major redevelopment undertaking. A spokesperson mentioned: “Our Carlisle retailer will shut in March as a result of deliberate redevelopment of the location.
Matalan Closures 2026
- Pendle March 7
- Carlisle March 7
- Leeds Feb 24
“We’ve got totally loved being a part of the neighborhood in Carlisle and are evaluating potential relocation alternatives.
“Our precedence now’s to assist our colleagues. We’re working intently with all these affected and, the place doable, exploring different positions.”
Staff on the Matalan department in Leeds had been reassigned following its everlasting closure this week on February 24.
Matalan has revealed bold plans to launch contemporary shops and renovate current places nationwide as a part of a £25 million injection into the style and homeware retailer.
The budget-conscious chain confirmed that bodily premises stay “on the centre” of its technique.
The programme will debut 10 new and repositioned shops this yr, reaching areas similar to London, Essex, Hampshire, and Northern Eire. The capital will moreover fund enhancements to 30 present branches all through Britain.
These modernisation efforts imply buyers will discover alterations together with clearer departmental layouts, facilities similar to altering rooms and cost factors consolidated into single zones, and up to date checkout amenities in sure places that includes faster self-service terminals.
Matalan additionally confirmed plans to introduce a brand new cell software for buying and loyalty advantages. Not too long ago reworked branches in locations together with Croydon, Bristol, and Dumfries have loved stronger-than-anticipated will increase in takings, the retailer reported.
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Matalan operates roughly 265 shops throughout Britain and internationally. The retailer got here below contemporary possession at the start of 2023 when a consortium of lenders assumed management from founder John Hargreaves, who launched the enterprise in 1985. The consortium, spearheaded by Invesco, Man GLG, Napier Park and Tresidor, took cost of the style retailer following a gross sales course of.
Matalan confirmed it obtained £25 million from its backers final month, with the funds being allotted in direction of upgrading its store portfolio.
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James Dorling, Matalan’s property director, mentioned: “Matalan storefronts have been a fixture of UK communities for 40 years, so it’s only proper that bricks-and-mortar retail stays on the centre of our transformation programme. With 10 thrilling new retailer openings and in depth refurbishments throughout our property, this funding represents a major shift in our technique – delivering an improved, extra seamless buying expertise for our devoted current clients, while additionally bringing the Matalan model to new customers.”
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