Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Matalan's senior team set for rejig

Matalan is on the hunt for a merchandise director as the value chain looks to strengthen its senior team as part of a business review under its new ownership.

Chief executive Alistair McGeorge told Drapers he was introducing a simple business plan, founded on Matalan’s existing strategy. “We’re conducting a strategic review and the plan is to refocus by getting the basics right,” he said.

He added that he would be ready to reveal its future strategy in six months.

Matalan confirmed it had axed up to 80 jobs last week, but that it had no plans to make further redundancies.

It is understood that McGeorge plans to recruit for at least three more senior positions.

The review follows several senior management changes in recent months. Merchandise boss Adrian Porteous left the business last year, while retail director Craig McGregor and head of homewares Julian Grindey both left in January, after founder John Hargreaves bought back the chain in December.

McGeorge denied that he would sell off any stores.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.