26 Apr 2019

Hundreds of jobs at risk as 22 Debenhams stores close

It is one of the oldest names on the British high street, but now 1,200 jobs at Debenhams are at risk as the ailing department store announced it will be closing 22 stores across the country. Lenders took control of the firm last month after buying it out of administration, and new figures today showed sales in its UK stores fell by 7.4% in the last six months. Debenhams is just the latest retail chain to run into trouble.