Debenhams closes more stores after failing to agree terms with Intu

DEBENHAMS WATFORD00030

Department store chain Debenhams has confirmed the closure of a further three stores after failing to agree to terms with institutional landlord Intu.

The stores to close will be in the Intu Metrocentre, Newcastle, Milton Keynes and Watford. A spokesman for the retailer said it had been “unable to agree terms” with the landlord ahead of its scheduled reopening date next Monday.

He said: “Sadly we have been unable to agree terms with the landlord. As a result, these stores will not be reopening in line with the rest of the chain next week. We greatly regret the effect on our colleagues, who have served our customers with commitment and dedication. Our customers can continue to shop with us online at debenhams.com or at other local stores from next week.”

Since collapsing into administration for the second time in a year in December, the closure of the three Intu sites brings the total number of permanent closures from Debenhams to 20 across the UK.

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