Department store chain Debenhams has left the U.K. retail market reeling after confirming plans to close up to 50 of its department stores and revealing record annual losses. The group, which has been ...

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Debenhams sales fell 1.3% over Christmas and the total value of sales decreased 0.8%. CEO blames "challenging" market and increased discounting at rivals. Department store had to cut prices to keep up ...

Department store Debenhams has started the new year where it left off in 2017 by suffering another catastrophic share price collapse. The London-based firm -- whose market value plummeted 40% last ...

Debenhams is closing 50 of its underperforming stores, putting around 4,000 jobs at risk. Write-downs in the value of its business led to a record full-year loss of nearly 500 million pounds ($645 ...

LONDON – Debenhams is expecting pre-tax profit to fall short of projections for fiscal 2018, and has said the tough retail climate is to blame. It is the company’s third profit warning this year. On ...

Debenhams, long a staple of the British high street, has a history stretching back more than two centuries. Here, the Press Association looks back over key moments in its growth and decline. – 1778 – ...

Debenhams has announced plans to close 50 of its stores across the country as it prepares to reveal a record £500m loss. The struggling department store, which has branches in Prospect Street, Hull ...

Western Union announced on Monday that retailer Debenhams will help it expand into the UK by now offering global money transfer to more than 200 countries and territories from 112 stores nationwide ...

St James Securities has been announced as the preferred bidder for the purchase of the former Debenhams building in Derby with plans to transform it into a residential and commercial development. St ...