Debenhams today announced the worst annual results in its 240-year history, with a staggering £491.5m loss.
Debenhams has posted its biggest statutory loss on record and revealed plans to close 50 stores. Here are the City’s divided reactions to the results.
This week Ikea unveils its new Greenwich, London, branch, which it describes as its “most sustainable store”.
Discounting made no discernible impact on trading and footfall over Christmas, says Springboard marketing and insights director Diane Wehrle.