Veteran retailer Leighton joins Matalan as chairman
Allan Leighton, the former chief executive of Asda and ex-chairman of Royal Mail, has been appointed chairman of the cheap clothes retailer Matalan.
Mr Leighton, who led the board of Matalan's rival Peacocks before it collapsed into administration, will succeed John Mills in the role. Mr Mills was installed in the role after being a long-term adviser to Matalan's founder, John Hargreaves. He will now become deputy chairman.
Mr Mills said: "Allan … brings a wealth of retail experience, particularly in the value sector, which will support Matalan's ongoing development."
Mr Leighton is also chairman at the shoe chain Office and Pandora, the Danish jewellery company which had a troubled stock market flotation.
Last month, he also accepted the chairman's role at Charlie Bigham's, a ready meals business that sells into retailers including Ocado, Sainsbury's and Waitrose.
Mr Leighton said: "Matalan is a great company with a strong brand and management team. I look forward to working with the team to build on its fantastic reputation as a family retailer."
The fashion chain posted a 4.1 per cent jump in quarterly sales, at £269.2m.
Matalan's chief executive, Darren Blackhurst, added: "We continue to deliver outstanding value for our customers and have navigated our way through a challenging quarter, achieving robust results in a tough, competitive market."
Matalan plans to recruit some 5,000 staff to cover this year's Christmas shopping season.
The chain opened its first store in Preston in 1985, and now trades from 5 million square feet in more than 190 stores.
Revealed: Devastating impact of 'bedroom tax' sees huge leap in demand for emergency hardship handouts for tenants
Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
Revealed: Eerie new images show forgotten French apartment that was abandoned at the outbreak of World War II and left untouched for 70 years
Chloe Johnson death: Family of five-year-old British girl who died in a pool at in Egypt's Sharm el-Sheikh resort 'angry' that more wasn't done to save her
- 1 Stoke City investigate 'religious abuse' after 'pig's head is found in Kenwyne Jones' locker'
- 2 Gove’s lesson: spare the comma, spoil the child
- 3 Ukip captures Labour fortress in South Yorkshire by-election
- 4 You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
- 5 Join Ryanair! See the world! But we'll only pay you for nine months a year
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.
iJobs Money & Business
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
£450 - £500 per day: Orgtel: Sourcing Manager - Banking - London - Up to £500p...
To be discussed at interview.: Queen Elizabeth's School: An experienced and ef...
£294.05 - £330.92 per day + 150 per day travel and accommodation: Orgtel: A le...