All Debenhams articles – Page 3
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AnalysisAs Arcadia and Debenhams collapse, what will the aftershock mean for retail?
As December, traditionally the height of retail’s peak trading period begins, two of the industry’s most venerable names have been brought low by the Covid earthquake that has shaken the industry.
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NewsDebenhams to go into liquidation with 12,000 jobs at risk
Debenhams is set to go into liquidation putting 12,000 roles at risk after JD Sports confirmed it had withdrawn interest in buying the ailing department store chain.
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NewsAshley offers Arcadia a lifeline as Cowgill backs away from Debenhams deal
The imminent collapse of Sir Philip Green’s Arcadia empire has prompted a domino effect in the high street, with JD Sports’ rescue bid for Debenhams now in jeopardy.
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AnalysisAnalysis: Why would JD Sports want to buy Debenhams?
JD Sports has emerged as the frontrunner to acquire Debenhams and exclusive talks to buy the struggling department store business are underway.
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NewsJD Sports enters talks with Debenhams over rescue bid
Sports fashion retailer JD Sports has entered exclusive talks with Debenhams over a rescue bid that could secure the future of the struggling department store chain.
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AnalysisBlack Friday 2020 deal tracker: What promotions retailers are running
Deals are already under way for Black Friday 2020, which is predicted to be a bumper event for online retailers. Retail Week tracks the promotions being run by the UK’s biggest retailers this year.
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NewsMike Ashley fails to match Debenhams price tag and retracts offer
Mike Ashley is out of the running to acquire Debenhams after refusing to match the £300m price tag for the beleaguered department store chain.
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NewsMike Ashley hits out at Debenhams as liquidator waits in wings
Mike Ashley has raged after allegedly being excluded from the race to buy Debenhams as restructuring firm Hilco prepares to liquidate parts of the business.
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NewsDebenhams suitors given three-day deadline to make a bid
Potential suitors to buy struggling department store chain Debenhams have been given until the middle of this week to make a £300m to rescue the retailer.
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NewsMike Ashley’s Frasers Group makes fresh bid to buy Debenhams
Mike Ashley’s Frasers Group has revived its efforts to buy struggling department store chain Debenhams.
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NewsReliance Retail pulls out of race to rescue Debenhams
Reliance Retail has pulled out of the race to buy Debenhams as the embattled department store chain battles to secure its future.
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NewsIndian giant Reliance Retail mulls Debenhams bid
Reliance Retail, which is owned by India’s richest man Mukesh Ambani, is reportedly considering a bid for part or all of Debenhams.
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NewsDebenhams boss: ‘We’re not on a cliff edge’
Debenhams chair Mark Gifford has said the department store group is trading better than expected, providing reassurance amid speculation about its future.
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NewsDebenhams deadline for rescue bids looms
Debenhams has urged prospective bidders to formalise their offers today in a bid to secure the ailing department store’s future.
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NewsDebenhams gears up for business rates battle to decide its future
Department store chain Debenhams is gearing up for a battle over a proposed business rates hike on one of its stores that it says could decide the future of the whole group.
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NewsNext to open beauty stores in former Intu Debenhams branches
Fashion giant Next has signed deals with retail property group Intu to open new-concept beauty halls.
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NewsDebenhams parent company Celine teeters on brink
Debenhams’ parent company has drafted in advisers as it prepares to enter administration, just months after the department store chain collapsed for the second time in a year.
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NewsFrasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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NewsDebenhams lines up Hilco amid liquidation contingency planning
Debenhams has appointed Hilco in the event that it does need to liquidate stock, but has stressed that this move is not imminent and would be a last resort.
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NewsDebenhams axes 2,500 jobs in fresh cost-cutting drive
Debenhams is axing 2,500 staff across its stores and warehouses as the business grapples to reduce its cost base.