Matalan billionaire founder seeks £60m after closing 232 stores

// Matalan seeks £60m funding after closing over 200 stores
// The retailer hopes to survive through the coronavirus pandemicMatalan is reportedly seeking £60 million to help it survive through the coronavirus pandemic after closing 232 stores.
The value fashion retailer, founded by John Hargreaves, is considering options to secure “short term funding” after stating that it has not faced “such difficult and unpredictable times” in its 35 years of trading, Mail