
Debenhams just collapsed into administration after rejecting a final rescue offer
Fifty branches have previously been earmarked for closure Debenhams has collapsed into administration after a last-minute offer by Sports Direct and Newcastle United owner Mike Ashley was rejected. The retailer’s lenders have now taken control of the company. Although its 166 stores will initially continue to trade, around 50 branches were previously earmarked for closure. […]
7 years ago
