RE: Undervalued15 Nov 2018 10:44
I did buy in at 9 p but sold 8.5 p recently. In the medium term, how are Debenhams going to be profitable? Our local store almost empty yesterday. Lots of staff, but high prices. i could by similar clothes at M and S and MS range seemed better and cheaper. Primark has taken the cheaper end of the clothes market. M S food hall busy, so after buying clothes ,i bought food. Debenhams's have no such pull. Property and staff costs outweigh any profit on sales. Amazon killing the old high street stores as the supermarkets killed the butchers and bakers.