Housewares Business-to-business magazine for housewares retailers and their suppliers
Matalan has bucked the retail climate by virtually doubling its pre-tax profits in the year to March 2008.
Announcing the result this week, the retailer said that the £53.2m figure was attributable to improved cost efficiencies, tighter stock control and better sourcing.
The company spent over £18m refurbishing its outlets during the year, and now plans to invest a further £19m on its stores.
