The move will see 1,400 jobs lost. Why the Debenhams stores are closing. "Regrettably we have been unable to reach agreement on seven stores and these will not be reopening, and I'd like to express my thanks to our colleagues in these stores at what I know is a difficult time for everyone." Has the company revealed which will close? 700 stores affectedLaura Ashley UK: 40 stores closing down across the countryHMV administration: Is HMV closing down?
Debenhams will close seven UK stores and cut 422 jobs after falling into administration.Debenhams has been struggling with tough high street conditions long before the impact of coronavirus hit the UK.Laura Ashley was forced to shut down 70 storesA further 28 are also set to shut next year, bringing the total of these closures to 39.Debenhams will continue to offer an online service in the UK, Ireland and Denmark.fashion giants Oasis and Warehouse collapsed into administration this weekThe move saw 50 stores shut permanently, as well as rents reduced across dozens of other branches. DEBENHAMS has confirmed it’s closing 28 stores, as well as axing all of its 11 Irish shops, as it’s gone into administration again. The high street chain revealed today that all of its 140 UK shops will close at 4pm to… Here's what you need to know about Debenhams UK store closures. Debenhams plan to close a number of stores after winning a High Court case. "We are confident that following these changes we will have the right branch network to serve our customers' changing needs, and we expect the size of our network to remain stable for the foreseeable future. Discover statement handbags for the weekend and office, sophisticated shoes and boots, and an elegant selection of workwear.The Collection offers stylish everyday essentials for the modern woman. Our exciting range of women's casual and going out tops feature pretty and practical wardrobe staples such as ladies' vests and camis, stylish crop tops, colourful tunics, gorgeous party numbers and chic shirts.From elegant dresses and smart coats to stunning luxury leather handbags, add a touch of sophisticated chic to your wardrobe with the new collection from Star by Julien Macdonald.From dream wedding dresses and party outfits to perfect prom and evening dress designs, you're sure to find a fabulous style to match every occasion.Florals are back and better than ever this summer. When did HMV collapse last?Express. The bank representative added: "We continue to believe that branches have a vital role to play.Debenhams could close 20 stores THIS YEAR as it enters CRUNCH TALKS Debenhams news: Which UK stores are closing? newspaper archive.A spokeswoman for Debenhams told Express.co.uk in October: “Unfortunately we are unable to provide these details.”A spokeswoman told The Mirror the 50 stores decided to be the “least profiting” over the next five years will be at risk of closures.The department store chain is hoping to borrow more money to pay rent to its landlords.This is the latest in a spate of UK high street closures. The high street brand has been allowed to go ahead with its plans for a company voluntary arrangement (CVA) the … Latest on closures Debenhams news: Debenhams could close 20 stores across the UK this year, according to latest news There were warnings the move could put up to 4,000 jobs at risk.Debenhams chairman Ian Cheshire steps down with immediate effectWaitrose will close five stores across the UK this autumnDehenhams currently has 165 stores and employs 27,000 people.Susan Allen, head of retail and business banking, said: “We have had to take some very difficult decisions over our less visited branches.”The BBC reported that Debenhams is exploring a company voluntary arrangement (CVA) that could mean 20 stores will close.We will use your email address only for sending you newsletters. Shop and save today!