Debenhams axes Oxford Street flagship and 320 jobs with latest closures

Debenhams Oxford Street

Debenhams is permanently closing its Oxford Street flagship and five other stores, with the loss of 320 jobs.

The embattled department store chain, which is in the midst of a winding down and stock liquidation process after falling into administration last year, said the prime London store would not reopen after it failed to agree to new lease terms.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.