Tag: Debenhams

Debenhams on the brink of administration as board reject Ashley’s bid

Posted on 9 April, 2019 by admin under Business News, Industry News

Since the new year there as been bitter battle between Mike Ashley and Debenhams board to purchase the troubled department store, as it sits on the brink of insolvency. A bid to gain control between Debenhams’ biggest company’s lenders – who include,... Read More

Debenhams’ Silk Street Withdrawal a ‘Huge Disappointment’ for Macclesfield

Posted on 7 March, 2015 by Cliff Goodwin under Commercial Developments

Cheshire East Council has responded to Debenhams’ withdrawal from a major town centre development by pumping another half-a-million pounds into the scheme. The national chain was to have been the anchor tenant of Macclesfield's 200,000 sq ft Silk... Read More

One Fifth of Suppliers face Bullying from Retailers

Posted on 12 December, 2014 by Kirsten Kennedy under Business News

This time last year the retail industry was thrown into controversy when it emerged that some retailers, including department store chain Debenhams, had put pressure on suppliers to cut their prices as a means of “investing” in the bigger business. A year... Read More

Debenhams plans Estate Expansion despite Profit Plunge

Posted on 23 October, 2014 by Kirsten Kennedy under Business News

Debenhams chief executive Michael Sharp remains optimistic despite the retailer’s disappointing annual sales results. In the year to the 30th of August, Britain’s second largest department store recorded a profits plunge of 24.8 per cent, with... Read More

Sports Direct swaps Debenhams Shares for Options

Posted on 17 January, 2014 by Cliff Goodwin under Business News

In a complex piece of financial engineering, Sports Direct has sold its 4.6 per cent stake in the department store chain Debenhams — just four days after spending £46m to acquire the shares. The sports retailer — whose controversial boss Mike... Read More

Debenhams Shuts its Grottos for the First Time

Posted on 24 December, 2012 by MOVEHUT under Business News

Parents of young children can be assured that several versions of Father Christmas will be handing out presents and sprinkling a bit of festive magic in the shops this Christmas. However, it seems the popularity of the role is alleged to have fizzled... Read More

Battle for Christmas Shoppers Intensifies in Retail Industry

Posted on 14 November, 2012 by Kirsten Kennedy under Economy

Christmas, and the weeks preceding it, is always the busiest time of year for both chain and independent retailers. With consumers formulating lists of gifts and cards to send to friends and family, businesses frantically organising Secret Santa and office... Read More

Debenhams Launches New Luxury Own Brand Range

Posted on 11 October, 2012 by Kirsten Kennedy under Business News

With the recession easing slightly and inflation finally coming under control, consumers are loosening the purse strings and beginning to spend again. However, value for money is still at the forefront of the mind of the average shopper, meaning that stores... Read More

Debenhams Expands Furniture Range to Take Advantage of Staycation Trend

Posted on 6 September, 2012 by Kirsten Kennedy under Business News, Economy

It would be fair to say that this summer has not been the most record-breaking in terms of sales in the retail sector.... Read More

Women’s Pre-holiday Pamper can Cost more than the Holiday Itself

Posted on 25 July, 2012 by MOVEHUT under Misc

According to a recent study, some women are spending more money on getting their faces and bodies ready for a holiday, rather than the holiday itself... Read More