This comes regardless of the retailer’s plans to refurbish 40 shops in 2026.
Matalan has shut a number of of its shops (Picture: Getty)
A budget-friendly retailer has confirmed will probably be shutting one other retailer. Matalan, a UK-based trend and homeware retailer based in 1985, will shut a retailer in Colne, Lancashire, subsequent week. Prospects have been informed they will store on the North Valley Retail Park retailer in Colne till March 7, after which it is going to shut completely.
The retailer has not offered a motive for the closure however has launched 50% reductions throughout its merchandise.
A Matalan spokesperson mentioned: “Our precedence now’s to assist our colleagues. We’re working carefully with all these affected and, the place doable, exploring various positions.
“We’ve completely loved serving prospects on the retail park and hope they may proceed to buy with us at our close by Accrington or Blackburn shops.”
Department of Matalan in a retail park with vehicles parked within the foreground (Picture: Getty)
The Colne retailer will not be the one location affected, as Matalan additionally lately introduced the closure of its Carlisle department on March 7. The corporate mentioned the Carlisle megastore was closed to permit for a significant redevelopment undertaking.
The retail park the place the store is situated shall be reworked into a brand new southern entrance for Carlisle station, as a part of the Carlisle Station Gateway redevelopment scheme, which goals to rework Carlisle Station to a “welcoming gateway to town”.
In the meantime, employees on the Leeds Matalan retailer have been redeployed after it closed completely on February 24.
Regardless of the closures, the Each day Specific beforehand reported that Matalan is eyeing funding this yr. In December, the retailer mentioned it might refurbish 40 shops in 2026, 10 greater than initially deliberate, after its 2025 improve programme elevated gross sales.
It accomplished 30 deliberate refurbishments final yr as a part of a £25 million funding in its bricks-and-mortar property, and Matalan mentioned the refurbished websites have been outperforming the broader retail community by 14% in gross sales.
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Matalan was based in 1985 by British businessman John Hargreaves, who named the corporate by combining the names of his two sons, Matt and Alan.
After 40 years in enterprise, the retailer now operates over 200 shops throughout the UK, together with an omnichannel e-commerce platform.
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