Closures include department store’s Oxford Street flagship.
Debenhams has this afternoon (January 13) confirmed that it will permanently close six of its stores.
The closures include the department store’s Oxford Street flagship, as well as outlets in Portsmouth, Staines, Harrogate, Weymouth and Worcester, resulting in 320 redundancies.
Debenhams began winding down its business at the beginning of December 2020 with the plan to eventually close all 124 of its stores. Since then, the business has continued to trade in-store and online to clear its current and contracted stocks, reported Fashion United.
A statement from the retailer read: “While it remains our intention to reopen as many stores as possible to complete the stock liquidation, which continues online, the announcement of a renewed national lockdown last week means that a number of stores where we have been unable to agree lease extensions will be permanently closed.”
FRP Advisory said that talks between interested parties over the future of Debenhams are still ongoing.
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