Wales based Debenhams stores spared the axe as twenty-two stores look set to close
Debenhams stores based in Wales have been spared the axe temporarily as the giant retailer launches its Company Voluntary Arrangement (CVA), which will see at least 22 of its underperforming stores close by 2020 placing 1200 jobs at risk. Debenhams…
What next for Debenhams?
THE retail giant Debenhams is now in the hands of its secured lenders after administrators were appointed to handle the sale of the business to a newly incorporated company. The secured lenders are reportedly made up of a mixture of…