Full year results at Matalan to year end 29 February showed a 2.3 per cent increase to reach £1.12 billion. It said that it had enjoyed a rise of 24 per cent in its online sales contribution.
Since lockdown, the business had laid the groundwork to fulfil online orders from 75 of its stores in addition to its distribution centre facilities.
“Our business model has proven well positioned to adapt, with a rapidly growing and profitable online channel, and an estate of predominantly large out-of-town stores where social distancing protocols have been well implemented,” said CEO Jason Hargreaves.
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