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Debenhams to reopen 50 stores next week

Thu, 04th Jun 2020 15:14

(Sharecast News) - Beleaguered department store chain Debenhams said on Thursday that it will reopen "the vast majority" of its UK stores from next week.
Three stores with street access will open in Northern Ireland on 8 June, including the Belfast flagship, with Debenhams' two remaining stores in NI set to open shortly thereafter.

Meanwhile, a further 50 stores will reopen in England on 15 June, with the rest to follow later in the week.

Stores in Scotland and Wales will reopen once government restrictions allow, Debenhams said.

Managing director Steven Cook said: "We are delighted to be welcoming customers back to our stores in the coming weeks. From the installation of perspex screens at till points to the roll-out of social distancing procedures and PPE, we have been working hard to ensure our colleagues and customers can work and shop with confidence.

"Our reopening plans follow the successful conclusion of lease negotiations on 120 stores, meaning that the vast majority of our stores will be reopening."
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1 Dec 2020 09:06

Debenhams to be wound down as JD Sports ends rescue talks

(Sharecast News) - It was a grim day for the UK retail sector as beleaguered department store chain Debenhams was set to be liquidated following failed rescue talks with JD Sports, just hours after Philip Green's Arcadia retail group went into administration.

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25 Oct 2019 13:22

Debenhams appoints HoF veteran Mark Gifford as chairman

(Sharecast News) - Department store chain Debenhams said on Friday that it has appointed House of Fraser veteran Mark Gifford as chairman of its parent company.

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26 Sep 2019 11:40

Debenhams CFO Osborne stepping down

(Sharecast News) - Struggling department store chain Debenhams has announced the departure of chief financial officer Rachel Osborne after a year in the job.

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16 Aug 2019 07:02

Ted Baker signs childrenswear deal with Next

(Sharecast News) - Ted Baker has signed a five-year deal with Next to produce and sell Ted Baker childrenswear from spring 2020.

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18 Apr 2019 15:21

Debenhams CEO Sergio Bucher steps down

(Sharecast News) - Debenhams said on Thursday that chief executive officer Sergio Bucher has decided to leave the company following its refinancing.

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9 Apr 2019 16:47

LONDON MARKET CLOSE: Stocks Slip On IMF Forecast Downgrade, US Tariffs

LONDON (Alliance News) - The FTSE 100 returned to the red as Tuesday's session progressed, stocks in Europe slipping on trade fears and global growth downgrades from the International Monetary

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9 Apr 2019 12:21

Debenhams calls in administrators, operations sold to lenders

(Sharecast News) - Debenhams called in the administrators just before midday on Tuesday, with the entire underlying operating company immediately sold to the departments store group's lenders.

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9 Apr 2019 12:08

UPDATE: Debenhams Appoints Administrators, Group Sold To Lenders

LONDON (Alliance News) - Debenhams PLC on Tuesday said it has appointed administrators for the group but operating companies will continue to trade as normal.The struggling department store

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9 Apr 2019 11:57

LONDON MARKET MIDDAY: FTSE 100 Edges Higher Amid Investor Caution

LONDON (Alliance News) - The FTSE 100 moved off some early lows on Tuesday to trade in the green by midday, as investors look ahead to events such as the European Central Bank meeting and the of -

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9 Apr 2019 08:56

LONDON MARKET OPEN: Pound Rises As PM May Seeks To Delay Brexit

LONDON (Alliance News) - Stocks in London were lower on Tuesday as UK Prime Minister Theresa May headed for top-level Brexit talks in Berlin and Paris.The FTSE 100 was down 13.39 points, or 0.2%,

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9 Apr 2019 07:48

LONDON MARKET PRE-OPEN: Sports Direct Revises Offer For Debenhams

LONDON (Alliance News) - Stock prices in London are seen opening lower on Tuesday with investors taking a cautious approach ahead of key events lined up for later in the week.In company news, made

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9 Apr 2019 07:26

Debenhams lenders rebuff improved Sports Direct proposal

(Sharecast News) - Mike Ashley's Sports Direct made an improved proposal to Debenhams on Tuesday morning, offering to underwrite a larger rights issue and reducing its demands for lenders to write off debt.

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8 Apr 2019 16:53

LONDON MARKET CLOSE: Five-Month Oil High Tips FTSE 100 Into Green

LONDON (Alliance News) - The FTSE 100 ended just about in the green on Monday as the price of Brent crude strengthened to a five-month high, allowing the blue-chip index to rebound from some early

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8 Apr 2019 12:00

LONDON MARKET MIDDAY: Gold Helps FTSE 100 Overcome Sluggish Start

LONDON (Alliance News) - The FTSE 100 got off to a slow start to the week on Monday, but London's blue-chip index managed to scrape back some early losses and edge into positive territory by a

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