Department Stores
The latest news, updates and analysis on the department stores segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Mar- 2019 -29 March
Debenhams advisors should be ‘put in prison’, says Mike Ashley
Mike Ashley has hit out at Debenhams after the department store agreed on a refinancing scheme which could see its…
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28 March
Debenhams bondholders to back £200m restructuring loan
Debenhams bondholders are expected to back a £200m restructuring loan, with a statement today claiming a majority had “provided consent…
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26 March
Sports Direct considers cash offer for Debenhams
Sports Direct has revealed it is mulling over a cash offer for embattled department store Debenhams, despite the retailer rejecting…
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25 March
Sports Direct slams Debenhams for rejecting £100m offer
Sports Direct has criticised Debenhams for rejecting its offer to acquire its Danish company Magasin Du Nord for £100m. On…
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22 March
Debenhams secures £200m lifeline
Embattled department store Debenhams has confirmed it has secured a £200m refinancing lifeline. The funding is expected to “provide liquidity…
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18 March
M&S to add full range of food products to more standard stores
Marks and Spencer has announced it is planning to add its full range of food products to its standard stores…
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14 March
Mamas & Papas signs wholesale deal with John Lewis
Mamas and Papas, the leading nursery brand, is partnering with John Lewis and Partners to supply a curated range of…
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11 March
Debenhams in talks to secure £150m lifeline
Embattled department store Debenhams has confirmed it is in “advanced negotiations” to secure £150m funding from its lenders just a…
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8 March
Mike Ashley moves to take control of Debenhams
Mike Ashley has announced plans to remove all the directors at Debenhams, except Rachel Osborne who was appointed in September,…
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7 March
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying…
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