All Debenhams articles – Page 6
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NewsReliance Retail pulls out of race to rescue Debenhams
Reliance Retail has pulled out of the race to buy Debenhams as the embattled department store chain battles to secure its future.
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NewsIndian giant Reliance Retail mulls Debenhams bid
Reliance Retail, which is owned by India’s richest man Mukesh Ambani, is reportedly considering a bid for part or all of Debenhams.
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NewsDebenhams boss: ‘We’re not on a cliff edge’
Debenhams chair Mark Gifford has said the department store group is trading better than expected, providing reassurance amid speculation about its future.
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NewsDebenhams deadline for rescue bids looms
Debenhams has urged prospective bidders to formalise their offers today in a bid to secure the ailing department store’s future.
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NewsDebenhams gears up for business rates battle to decide its future
Department store chain Debenhams is gearing up for a battle over a proposed business rates hike on one of its stores that it says could decide the future of the whole group.
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NewsNext to open beauty stores in former Intu Debenhams branches
Fashion giant Next has signed deals with retail property group Intu to open new-concept beauty halls.
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NewsDebenhams parent company Celine teeters on brink
Debenhams’ parent company has drafted in advisers as it prepares to enter administration, just months after the department store chain collapsed for the second time in a year.
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NewsFrasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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NewsDebenhams lines up Hilco amid liquidation contingency planning
Debenhams has appointed Hilco in the event that it does need to liquidate stock, but has stressed that this move is not imminent and would be a last resort.
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NewsDebenhams axes 2,500 jobs in fresh cost-cutting drive
Debenhams is axing 2,500 staff across its stores and warehouses as the business grapples to reduce its cost base.
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NewsDebenhams raises ‘For sale’ sign to secure future
Debenhams is preparing to seek new owners among a range of options being considered to put it on a firm footing after its collapse earlier this year.
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AnalysisBack from the brink – what’s next for retail’s Covid casualties?
The past few months have had a devastating impact on UK retail and swathes of chains have collapsed, but there is light at the end of the tunnel for some of these businesses. Retail Week takes a look at what the future holds for retail’s Covid casualties.
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NewsDebenhams closes more stores after failing to agree terms with Intu
Department store chain Debenhams has confirmed the closure of a further three stores after failing to agree to terms with institutional landlord Intu.
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NewsCoronavirus: Debenhams to reopen 50 stores from June 15
Embattled department store chain Debenhams has announced it will reopen 50 stores across England on June 15, following the closure of its estate due to the ongoing coronavirus pandemic.
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NewsDebenhams chief executive steps down as reopening nears
Debenhams’ chief executive Stefaan Vansteenkiste has stepped down as the department store group prepares for the next phase of its turnaround.
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NewsDebenhams cuts head office jobs but secures key stores
Department store group Debenhams is cutting head office jobs as it seeks to put itself in shape for a turnaround and has secured two key trading locations that it had faced losing to Next.
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NewsFormer Debenhams director Cristofoli named chief customer officer at Freemans Grattan
Former Debenhams director Richard Cristofoli is to join home shopping group Freemans Grattan Holdings as its first chief customer officer.
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NewsEx-Debenhams workers in Bangladesh plead to be paid
Former Debenhams staff in Bangladesh have uploaded a video to YouTube pleading to be paid following the department store group’s administration.
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AnalysisAnalysis: Can Next become a force to be reckoned with in beauty retail?
Hours after Debenhams confirmed that it would exit its five store across Hammerson-owned shopping centres, Next unveiled details of an unikely swoop.
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NewsNext swoops on Debenhams sites for new beauty store format
Next has snapped up five stores across Hammerson’s estate which Debenhams is exiting for the launch of a new beauty store concept.