Debenhams cuts head office jobs but secures key stores

Debenhams Oxford Street London

Department store group Debenhams is cutting head office jobs as it seeks to put itself in shape for a turnaround and has secured two key trading locations that it had faced losing to Next.

Debenhams has not disclosed how many headquarters roles will be lost, but it is understood to be in the hundreds out of approximately 3,000 staff.

Debenhams fell into administration for the second time in a year as the coronavirus crisis forced the closure of stores. Bosses led by chair Mark Gifford hope to turn the retailer around including through operating efficiencies.

A Debenhams spokesman told Retail Week: “In the context of a retail industry undergoing profound change, the management team is working on the future shape of the group, with a view to seeking an exit from administration as a going concern.”

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