Debenhams to close up to 50 storesDownload
© Licensed to London News Pictures. 25/010/2018. London, UK. Shoppers walk past Debenhams on Oxford Street, London.
Debenhams plans to close up to 50 stores, nearly a third of the UK-wide chain, putting up to 5,000 jobs at risk.
The department store unveiled a near £500m annual loss as it writes off the value of its brand and the cost of unwanted shop leases and IT systems. Photo credit: Dinendra Haria/LNP
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