DEBENHAMS has named 22 out of the 50 stores that it plans to close as part of a plan to save the chain. The department store will start closing branches next year and 1,200 staff will be affected, …
Stores in Canterbury, Chatham and Orpington are among the stores that are due to be closed.
Lenders took control of the struggling retailer earlier this month which wiped out the investments of shareholders, including Sports Direct billionaire Mike Ashley. Debenhams executive chairman Terry Duddy said: "Debenhams has a clear strategy and a bright future, but in order for the business to prosper, we need to restructure the group's store portfolio and its balance sheet, which are not appropriate for today's much changed retail environment.
"Our priority is to save as many stores and as many jobs as we can, while making the business fit for the future."
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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