Debenhams Archives - Inside Retail

Debenhams’ only Australian store to close in early 2020

The only Australian location of the British department chain is closing.

News from around the world

Steinhoff’s $5bn loss; Amazon’s striking workers; and Metro’s Real sale.

Debenhams to close 22 stores early next year

Struggling department store chain attempts to right the ship.

Lenders take control of Debenhams

Struggling UK department store chain goes into administration.

Debenhams warns shareholders could lose investments in refinancing plan

Department store chain hopes for a life raft from existing lenders.

Mike Ashley proposes to axe Debenhams’ board

Ashley would plant himself on the board, and step down as CEO of Sports Direct.

Debenhams secures $72 million loan to refinance business

Department store takes first step in refinancing process.

Debenhams chairman out, CEO off board after trading update

Struggling department store faces board shake-up after sales drop.

Myer board to face Lew’s wrath

The department store’s largest shareholder laid siege to the board and is urging shareholders to vote out the directors.

Debenhams to close 50 stores after $891 million loss

CEO: “It has been a tough year for retail in 2018.”

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