For sale: Debenhams hunts for new owner as stores giant brings in City big hitters to get deal ‘done and dusted’ by end of September London investment bank Lazard will be appointed as soon as tomorrow A sale is one of a range of options on the table for the business Debenhams called in administrators … Read more
High Streets around Britain will begin to open more extensively next Monday following Boris Johnson’s decision to ease lockdown restrictions. Among the businesses, classed as non-essential shops, lifting their shutters on June 15 are John Lewis, Debenhams and bookmakers – just one day before Ascot begins. Retailers are expected to slash prices in order to … Read more
Just 50 Debenhams stores will reopen in England on June 15 as coronavirus restrictions are eased By Daily Mail City & Finance Reporter Published: 22:15 BST, 4 June 2020 | Updated: 22:15 BST, 4 June 2020 Just 50 Debenhams stores will reopen in England on June 15 as coronavirus restrictions are eased. The struggling department … Read more
Debenhams reveals 50 of its English stores including its flagship on Oxford Street will reopen on 15 June Frasers Group failed last week to force a review into Debenhams’ finances The department store chain fell into administration twice in the space of a year Debenhams has permanently closed over a dozen stores in the last … Read more
Debenhams announces axing of ‘hundreds’ of staff the day after Mike Ashley loses bid to launch inquiry into department store’s finances Debenhams announced three weeks ago that it would not reopen five stores Brands owned by Frasers Group include Sports Direct, Lillywhites & Jack Wills About 90 of Debenhams’ stores are due to resume trading in … Read more
FTSE CLOSE: Pound at $1.30 as May meets Merkel over Brexit; Debenhams slides into administration; US reveals plan for tariffs on $11bn of EU goods The FTSE 100 closed down 26.32 points at 7425.57 Debenhams crashed into administration after Ashley offer was rejected Cake Box said it expects to serve up a 30 per cent … Read more
Debenhams faces a make-or-break year as it begins a massive programme of store closures. Three stores closed last year, 19 shops will shut their doors between January 11 and 25, and a further 28 will follow next year. The list of 19 includes stores in Eastbourne, Guildford, Wolverhampton and Canterbury. It is part of a … Read more
Debenhams chief grabs back stores in furious wrangle over Next swoop By Neil Craven, Financial Mail on Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 The chairman of Debenhams has waded into a bitter row with one of its most powerful landlords after discovering it had held secret talks … Read more
Debenhams beauty hall deal turns ugly as landlord Hammerson hands five store salons to Next By Neil Craven for The Mail on Sunday Published: 22:54 BST, 9 May 2020 | Updated: 10:28 BST, 10 May 2020 Debenhams is battling with property giant Hammerson over its decision to hand five of the department store’s beauty halls … Read more
Debenhams confirms another FIVE stores will not re-open after lockdown in move that threatens 1,400 jobs Five Debenhams stores will not re-open after lockdown measures are lifted Branches are in Birmingham, Glasgow, Leicester, Croydon and Reading Lockdown critics are likely to point to closures as proof of economic damage By Jack Wright For Mailonline Published: … Read more