fbpx

Debenhams to close six stores forever including flagship Oxford Street shop

Debenhams to close six stores forever including flagship Oxford Street shop

DEBENHAMS has confirmed plans to close six stores permanently including its flagship Oxford Street shop.Other branches that are shutting include Ports

KFC fans feel ‘physically sick’ after finding out what goes into £1.29 gravy
Sky broadband went down as crash left hundreds without internet during lockdown
German Doner Kebab opens 12 new branches around the UK – see the full list

DEBENHAMS has confirmed plans to close six stores permanently including its flagship Oxford Street shop.

Other branches that are shutting include Portsmouth, Staines, Harrogate, Weymouth and Worcester.

Debenhams has confirmed plans to shut six shops forever

1

Debenhams has confirmed plans to shut six shops foreverCredit: PA:Press Association

In total, 320 colleagues will be affected by these store closures.

Debenhams is currently being liquidated after rescue talks to save the 242-year-old retailer failed.

It comes after JD Sports pulled out of a potential deal to rescue the high street staple.

JD Sports was the last remaining bidder for Debenhams, which has been in administration since April this year.

It means all of Debenhams’ 124 stores will now disappear from the high street, although an exact date for when each one will close has yet to be confirmed.

Debenhams has been selling off its stock before shutting stores through an 80% off closing down sale.

Geoff Rowley, joint administrator to Debenhams and Partner at FRP Advisory, said: “We continue to engage with interested parties over alternative proposals for the future of Debenhams.

“Inevitably the latest lockdown has had an effect on our plans for the wind-down of the business.

“We regret the impact on those colleagues affected by today’s announcement and would like to thank all those who continue to keep the business trading in very difficult circumstances.”

More to follow…

For the latest news on this story keep checking back at Sun Online.

Thesun.co.uk is your go to destination for the best celebrity news, football news, real-life stories, jaw-dropping pictures and must-see video.

Download our fantastic, new and improved free App for the best ever Sun Online experience. For iPhone click here, for Android click here

Like us on Facebook at www.facebook.com/thesun and follow us from our main Twitter account at @TheSun.

This post first appeared on thesun.co.uk

Do You Enjoy This Article?
Sign up for our newsletter and receive FREE access to download SuccessDigest Digital Weekly Edition for attainment of your financial freedom in the new digital economy!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

COMMENTS

WORDPRESS: 0
DISQUS:
%d bloggers like this: