Skip to content
CityAM
Main navigation
Download App
  • News
    • Latest News
    • Business
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2023
  • Opinion
    • Opinion
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • 10 top finance and law experts to partner with
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • 10 smart ways to level up your business
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • Rugby World Cup hub sponsored by City Index
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Debenhams

  • Boohoo buys Debenhams brand and website for £55m – but stores set to close

    January 25, 2021

    Online retail giant Boohoo has announced it will buy Debenhams’ brand and website for £55m, but will not rescue the high street chain’s stores or jobs. The deal – announced this morning – means Debenhams’ remaining 118 department stores will close down and could result in up to 12,000 job losses. Boohoo said the acquisition [...]

  • Debenhams closes six stores including Oxford Street flagship

    January 13, 2021

    Debenhams has permanently closed six department stores, including its flagship site in Oxford Street, due to the third national lockdown. The retailer had planned to reopen the stores to sell off remaining stock, but the introduction of new Covid-19 restrictions means that sites where it was unable to secure lease extensions will close. The closures [...]

  • Post-Christmas footfall plummets as UK shoppers avoid high street

    January 4, 2021

    Footfall across Britain’s high streets plunged almost a quarter last week as Boxing Day sales failed to lure shoppers from their sofas, according to the latest data. The number of Brits hitting the shops fell more than 23 per cent in the seven days after Christmas compared with the week before, latest Springboard figures showed.  [...]

  • Authentic Brands in talks over double swoop for Arcadia and Debenhams – report

    December 13, 2020

    US retail giant Authentic Brands is planning an audacious double swoop for collapsed Arcadia and Debenhams in a deal that would transform the high street. The firm, which recently took over historic New York department store Barneys, is in talks with the administrators of the two companies this weekend. The Sunday Telegraph reported that the [...]

  • Stephan Shakespeare: Could Mike Ashley bring in customers to save Debenhams?

    December 9, 2020

    Customers of Mike Ashley’s Fraser’s Group are typically more likely to consider buying from struggling department store Debenhams, YouGov research has revealed. It has been a tough year for retail but Debenhams has been hit particularly hard, with several of its stores closing their doors in May. Now, liquidators have been brought in to start [...]

  • Collapsed Debenhams claimed £40.5m of taxpayer cash via furlough scheme

    December 3, 2020

    Collapsed Debenhams claimed £40.5m of taxpayer cash via furlough scheme

  • MPs call for retail sector support following ‘dark week’ for high street

    December 2, 2020

    MPs have called on business secretary Alok Sharma to announce what support will be given to the high street following a “dark week” for the retail sector, which has seen more than 25,000 jobs put at risk. Darren Jones MP, chair of the Business, Energy and Industrial Strategy (Beis) Committee, asked for detail on the [...]

  • Debenhams closure: What next for struggling retail landlords?

    December 1, 2020

    Retail landlords are set to take a multimillion pound hit following the collapse of Debenhams and Arcadia’s fall into administration, and could struggle to fill the space left by closed flagship stores. Many property owners, which have already been impacted during the pandemic due to a spike in retail restructurings and renegotiated rents, will lose [...]

  • Debenhams closure: Timeline of department store chain’s collapse

    December 1, 2020

    Department street chain Debenhams announced this morning that it is preparing to close down after failing to attract a buyer, but the former high street giant’s problems stretch back over several years. Earlier this year the struggling retailer entered administration for the second time in 12 months, even before Covid-19 forced it to close its [...]

  • JD Sports to quit Debenhams rescue talks today

    December 1, 2020

    JD Sports is expected to pull out of rescue talks with high street department store Debenhams today. The sports retailer was the last remaining bidder for Debenhams, which is in administration, and up until last week was ready to go ahead with the deal, according to the BBC. The recent collapse of Arcadia is understood [...]

Posts navigation

  • Previous
  • Page 1
  • Page 2
  • Page 3
  • Page 4
  • …
  • Page 18
  • Next

Trending Articles

  • Ukraine targets key Crimean city a day after striking Russian navy headquarters

  • Pound falls to six month low against dollar - and there's worse to come

  • Hunt's mooted ISA reforms offer 'a beacon of hope' to struggling firms, business groups say

  • Rugby World Cup: Ireland v South Africa atmosphere unforgettable

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited

Your news your way

Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.

By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.