JD Sports holds exclusive talks with Debenhams over ‘£300m’ takeover of ailing department store – after rival Sports Direct was rejected last month Debenhams, which has 124 stores, went into administration again back in April JD Sports keen to snap up the stores and revitalise the Debenhams website News will infuriate Mike Ashley, who has … Read more
JD Sports in talks with Debenhams about rescue takeover that could secure thousands of jobs By Daily Mail City & Finance Reporter Published: 22:07 GMT, 23 November 2020 | Updated: 22:08 GMT, 23 November 2020 JD Sports is in talks with Debenhams about a rescue takeover that could secure thousands of jobs. The FTSE100 trainer … Read more
Mike Ashley revives long-running attempts to buy department store chain Debenhams By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 October 2020 | Updated: 21:51 BST, 18 October 2020 Mike Ashley has revived his long-running attempts to buy department store chain Debenhams. The Sports Direct tycoon saw his 30 per cent stake wiped … Read more
Leading bidder pulls out of race to buy stricken department store chain Debenhams By Daily Mail City & Finance Reporter Published: 21:51 BST, 11 October 2020 | Updated: 21:51 BST, 11 October 2020 The leading bidder has pulled out of the race to buy the stricken department store chain Debenhams, according to reports. India’s richest … Read more
The chairman of the department store chain Debenhams has said its biggest city centre stores are ‘vulnerable’ to closure without a large-scale Government intervention to avert disaster. Mark Gifford said last night that he was lobbying Whitehall at ‘every single level’ to head off a town centre crisis that would be likely to see swathes … Read more
Debenhams boss warns they will close sites in deserted city centres unless workers return to office soon By Daily Mail City & Finance Reporter Published: 21:56 BST, 4 September 2020 | Updated: 21:56 BST, 4 September 2020 The boss of Debenhams has warned they will close sites in deserted city centres unless workers return to … Read more
Around 14,000 jobs could be on the brink at struggling department store Debenhams. Plans to liquidate the business are being drawn up in case other options for saving the company – such as selling it – fall through. If the ailing department store chain collapses – and all 14,000 jobs are lost – it would be … Read more
Debenhams axes another 2,500 jobs: Department store chain has made a third of its staff redundant since April By Tom Witherow For The Daily Mail Published: 22:01 BST, 11 August 2020 | Updated: 22:51 BST, 11 August 2020 Debenhams has axed 2,500 staff, taking its redundancies since April to 6,500 – a third of its … Read more
Debenhams is to axe 2,500 jobs across its stores and warehouses in an attempt to cut costs after sales plummeted during the coronavirus lockdown. The department store is scrapping the roles of sales manager, visual merchandise manager and selling support manager as part of a management restructuring process. The move, which was first reported by … Read more
House of Fraser owner Mike Ashley eyes up 30 Debenhams stores By Neil Craven for The Mail on Sunday Published: 22:31 BST, 8 August 2020 | Updated: 22:31 BST, 8 August 2020 House of Fraser owner Mike Ashley has been linked to a deal to seize as many as 30 stores from rival Debenhams. City … Read more