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Six Debenhams stores will close across the UK permanently, the chain has announced.
Debenhams stores closing
- Oxford Street
Sadly, it appears Debenhams will close down entirely as talks to save the business from liquidation have failed.
JD Sports had stepped into talks to potentially strike a deal, but negotiations came to nothing.
Geoff Rowley, joint administrator to Debenhams and Partner at FRP Advisory, told The Sun today: “We continue to engage with interested parties over alternative proposals for the future of Debenhams.
“Inevitably the latest lockdown has had an effect on our plans for the wind-down of the business.
“We regret the impact on those colleagues affected by today’s announcement and would like to thank all those who continue to keep the business trading in very difficult circumstances.”
It was revealed yesterday an old Debenhams store in Wandsworth will be transformed into an entertainment venue by Gravity Active Entertainment.
It will contain an e-karting area, darts and ping pong, as well as a bowling lane and resturant and bar.
Openeing in the summper, it will cover 80,000 square foot and four floors in the shopping centre.
Harvey Jenkinson, chief executive of Gravity, which started as a trampoline park operator in 2014, said: “We believe that concepts like this will be the future of the high-street with retailers closing, offering a solution to landlords who are concerned about how to fill the space and attracting more footfall to shopping centres.”
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