Debenhams
This coverage examines Debenhams’ trajectory, strategies, and impact within the UK retail sector. Reporting focuses on store operations, online developments, financial performance, brand repositioning, product ranges, and executive changes. Designed for retail professionals, it offers analysis of commercial decisions, market challenges, and opportunities relevant to department store management and broader apparel and homeware retailing.
-
Jul- 2019 -9 JulyHigh Street
M and G withdraws court action against Debenhams
Real estate company M and G Real Estate has withdrawn its court challenge against retailer Debenhams, helping the retailer restructure through company voluntary arrangements (CVA). M and G had originally disagreed with the CVAs, which would allow Debenhams to reduce rent leading to the real estate company filing a court…
Read More » -
4 JulyClothing & Shoes
Monsoon creditors agree to CVA
Monsoon Accessorize creditors have given the green light on the retailer’s CVA plans which will see over half of its stores receive rent reductions. The reductions, which were proposed last month, will see cuts to rents of between 25%- 65% across 135 out of its 258 stores after the retailer…
Read More » -
2 JulyAnalysis
How to make the most of empty retail spaces
Earlier in this month, The Times reported that the number of vacant shops on UK high streets rose by more than 7,500 last year, fuelled in part by store closures from large retailers such as Mothercare, New Look and House of Fraser. Debenhams then announced that it will downsize at…
Read More » -
2 JulyAnalysis
Who will lead the high street resurrection?
We may never know what Nietzsche thought of the UK retail sector. However, with today’s troubles, there is a good chance that he may well have felt the need to update his famous quote; ”the high street is dead… and we have killed it.” Walk down any UK high street…
Read More » -
Jun- 2019 -17 JuneAdvice
Personalised delivery is the future for retailers
The retail and e-commerce marketplace is extremely crowded, with hundreds of brands constantly competing against each other to win basket conversions. It’s no secret that many retailers, especially those based on the UK high-streets, have been struggling over the past few years. Big brands including Debenhams, John Lewis and Mothercare…
Read More » -
12 JuneDepartment Stores
Sports Direct challenges Debenhams CVA
Department store Debenhams has confirmed Sports Direct is among the parties which have sent applications to challenge its CVA which was voted through by creditors on 9 May. Debenhams went under the control of its lenders when it entered a pre-pack administration in April. Debenhams Group Holdings Limited, its subsidiaries…
Read More » -
6 JuneHigh Street
‘Huge’ spike in retail job vacancies, says CV-library
The amount of jobs on offer in the retail sector jumped by 56.9% in May. That’s according to the latest job market data from job board CV-Library, which compared findings from May 2019, with the same period last year. According to the firm, “major” retail players such as M&S and…
Read More » -
5 JuneHigh Street
Mike Ashley makes £51.9m offer for Game after increasing stake
Mike Ashley’s Sports Direct has made a £51.9m offer for the gaming retailer Game Digital after it increasing its stake from 20% to 38.5%. Sports Direct acquired the shares from Marlborough UK Micro-Cap Growth Fund passing the 30% threshold requiring Ashley to make an offer for the shares he does…
Read More » -
May- 2019 -21 MayAdvice
Retail landlords must stay focused in the face of CVAs
Recently announcing its restructuring plans, Debenhams has joined a long line of casualties for the UK High Street. With the culture of company voluntary arrangements (CVAs) still apparent, it is often the commercial landlords who find themselves left high and dry, faced with losing tenants and slashes to their rental…
Read More » -
16 MayAnalysis
The state of the UK high street in 2019
We may only be in the first half of the 2019 but there has already been a continuation of 2018’s disastrous year for the UK high street. In recent weeks we’ve seen Debenhams slide into administration with other household names like fashion retailer Select and off-license group Oddbins both close…
Read More »
