Debenhams

Debenhams to close 22 stores with 1,200 jobs at risk

Department store chain, Debenhams has announced it is to close 22 stores putting 1,200 jobs at risk. The closures come…

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Debenhams CEO exits

Sergio Bucher, CEO of department store Debenhams, has stepped down from his role just a week after the company went…

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Kuwait-based investors acquire 50% stake of Intu Derby

Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the…

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Mike Ashley warned over plans for retail ‘oligopoly’

Former Marks and Spencer boss Lord Stuart Rose has warned Mike Ashley over plans for a retail ‘oligopoly’, following his…

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Debenhams CEO expected to step down

Debenhams CEO Sergio Bucher is expected to step down in the next few days, after lenders took control of the…

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Top four golden benefits of dropship

With the inexorable rise of e-commerce, consumers have become increasingly discerning and demanding. The key battle grounds for retailers have…

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March sees first YOY non-food footfall rise

March saw the first year-on-year rise in footfall in non-food stores for over two years rising by 1.6% since February,…

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Mike Ashley promises to ‘save’ Debenhams

Mike Ashley has made a promise to “save as many Debenhams stores and jobs” as he can similarly to House…

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Debenhams enters pre-pack administration

Debenhams has entered pre-pack administration and gone into the control of its lenders following the department store’s rejection of Sports…

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Sports Direct makes Debenhams £150m offer

Sports Direct has made an offer to Debenhams to underwrite £150m equity issuance in Mike Ashley’s latest attempt to take…

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