..in administration
Debenhams set to close putting 12,000 jobs at risk - BBC News
My post count is Majestic
SueEllen is always on top
..in administration
Debenhams set to close putting 12,000 jobs at risk - BBC News
"You’re just a bad memory who doesn’t know when to go away" JR
Double Godlike!
Paddy is a fount of knowledge
Debenhams, a department store made up of concessions and franchises that has lost its way. It has zero attractiveness.
Department stores used to be about shopping with service in comfortable surroundings and usually with a pleasant restaurant or cheap cafeteria. Debenhams is drab with disinterested staff.
"A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell
Liquidation is more humane than being taken over by Ashley
Fingers like lightning
edison has more data than eek
Debenhams lost their way many years ago just like House of Fraser. They don't have the right customer proposition, online offering or in store service. I'm amazed either have survived so long.
Sadly, John Lewis is likely to go the same way eventually. It usually has very good service in my experience but simply can't compete on price with Amazon and still make a decent profit. It's hard to see what major, middle of the road national retail chains will be around in 10 years, especially those heavily driven by clothing sales. Consumers want cheap and cheerful fast fashion or designer/premium. With a small number of exceptions, the middle ground is a bit of a no man's land now.
Double Godlike!
LondonManc is a fount of knowledge
Big high street presence, but massive associated costs means they struggle to compete with people who go their to try clothes on then go home and look for it cheaper online.
The greatest trick the devil ever pulled was convincing the world that he didn't exist
Time to transform the highstreets into living areas. Housing problem solved.