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National News

320 jobs to go as Debenhams permanently shuts six more stores

todayJanuary 13, 2021 8

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320 jobs to go as Debenhams permanently shuts six more stores

It is the latest set of job cuts by Debenhams, which axed 2,500 staff in August and around 1,000 in May

Department store chain Debenhams has said it will permanently close six branches, including the flagship Oxford Street shop, with the loss of 320 jobs.

It said it had also told staff at stores in Portsmouth, Staines, Harrogate, Weymouth and Worcester last week that they will not reopen.

The company started a liquidation process last month after failing to secure a last-minute rescue sale.

Debenhams’ administrator FRP Advisory said it is continuing to talk with potential suitors over the potential sale of all or parts of the business.

The insolvency firm said it still intends to reopen as many stores as possible to sell off stock, despite coronavirus restrictions keeping non-essential retailers shut.

The chain is continuing to sell its stock through online platforms.

Published: by Radio NewsHub

Written by: YO1 Radio Web Team

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todayJanuary 13, 2021 8


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