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Old 1 Dec 20, 10:29 AM  
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cartoonp
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debenhams gone into liquidation

I know some members work for them my thoughts are with you and all those that will lose there jobs all so top shop ect
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Old 1 Dec 20, 10:31 AM  
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Mr Tom Morrow
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Another sad day for Retail.

One wonders who will be next sadly.
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Old 1 Dec 20, 10:32 AM  
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welshmum
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So sad. With over 12,000 people employed by Debenhams and with the Acradia group also going into administration, thats over 25,000 people who will be out of work.

Merry Christmas, eh...
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Old 1 Dec 20, 10:35 AM  
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munmun
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Originally Posted by cartoonp View Post
I know some members work for them my thoughts are with you and all those that will lose there jobs all so top shop ect
This is devistating for many, none of these shops are ones I have been to for many, many years so honestly I cant say i will miss them personally but it is awful news for the high street.

Sadly from what I read this is down to poor senior management not adapting with the times though I could be wrong.

Another awful part is the possible big hole in the pension fund. Businesses should never be allowed to dip into other peoples money, this does not belong to the buisness it belongs to the current and future pensioners. There should be laws against this and the fat cats should go to prison and have their assets stripped to fill the gap.
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Old 1 Dec 20, 10:36 AM  
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mickey house
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Very sad for those staff affected. On the occasion I went to my Local Debenhams in Uxbridge it was a big store and usually had more staff than customers and I even commented to my wife that it must be running at a loss.
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Old 1 Dec 20, 10:38 AM  
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Loobylou_82
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Gutted. Love Debenhams. Where is it all going to end ? So sorry for the staff, it's all a mess.
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Old 1 Dec 20, 10:44 AM  
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levtweeney
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Loosing your job is bad enough but at Christmas it adds another dimension of miserableness

As for Debenhams and the Arcadia group they have been in serious trouble for years now as others have said. To be honest they needed to move forward online sooner and were not seen as relevant by younger shoppers.
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Old 1 Dec 20, 10:47 AM  
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megaflyer
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Originally Posted by Mr Tom Morrow View Post
Another sad day for Retail.

One wonders who will be next sadly.
JL, M&S (non food) and Next are the ones I wouldnít be surprised go. JL are even closing (for good) part of their flagship store on Oxford Street and converting some floors into office space to rent (yeah who will want to rent office space right now in Oxford Street ? But a friend of mine is working on the project so I wish him well)
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Old 1 Dec 20, 10:48 AM  
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megaflyer
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Originally Posted by Loobylou_82 View Post
Gutted. Love Debenhams. Where is it all going to end ? So sorry for the staff, it's all a mess.
I used to love their Springle restaurant - but I guess last time I went into one was in the late 1980ís
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Old 1 Dec 20, 10:49 AM  
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This is tragic for all their employees but we cannot say that it hasnít been telegraphed for some time. I seem to remember several news stories about it being in trouble and long before this virus.
I have never really shopped there as it always seemed a bit ďstaidĒ and outdated.
Letís face it, the days of the department store - apart from one or two icons - Harrods and Selfridges perhaps, are over.
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