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Matalan Retail Ltd is a British clothing, homeware and toy retailer based in Knowsley, Merseyside, founded by John Hargreaves in 1985. In August 1988, its operations director at the time, Duncan Sullivan, transformed Matalan into an out-of-town warehouse-style, membership-only cash-and-carry business, inspired by Sam's Club in the United States.
On March 22, 2018, Nordstrom Rack opened its first store in Canada, which began its global expansion. [6] All seven Nordstrom Rack stores in Canada closed on May 14, 2023, following Nordstrom's exit from the country. [7] On December 20, 2021, it was reported that Nordstrom was considering spinning-off Nordstrom Rack into a separate company. [8]
Started as a high end fashion label within French Connection. In 2010 sold by French Connection to Opengate Connection, but in 2013 the business went into administration. The business was saved by Maxine Hargreaves-Adams, the daughter of Matalan founder John Hargreaves. [27] Fat Face
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
The retailer was founded by owner Tom Morris in 1976 as a single store called Home and Bargain [2] in Old Swan, Liverpool when he was aged 21. The name was changed to Home Bargains in 1995, but is still colloquially referred to by its original name in the Merseyside area.
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]