Matalan names new chair and CEO as new owners fashion new path

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Matalan names new chair and CEO as new owners fashion new path
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The discount homewares chain has lured former Lidl CEO Karl-Heinz Holland and ex-Co-op food chief Jo Whitfield as its new top team, Sky News learns.

A pair of former Lidl and Co-op supermarket executives are taking the helm of Matalan as its new owners seek to rebuild the discount homewares retailer’s performance.

The appointment of a heavyweight duo to lead the business underlines the confidence of the funds which recently took control of Matalan in its turnaround otential. Responding to an enquiry from Sky News, Mr Holland said in a statement:"I have been a long-standing admirer of Matalan and believe it's a business brimming with potential.

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