While Debenhams’ Irish operation has already placed into liquidation, a liquidation of its core UK business would only happen of all options have been exhausted.Debenhams has confirmed plans to make 2500 redundancies as part of its latest cost-cutting drive to survive the coronavirus crisis.Visual Merchandising managers and Selling Support managers roles are old hat nowadays.“Such difficult decisions are being taken by many retailers right now, and we will continue to take all necessary steps to give Debenhams every chance of a viable future.”London Mayor Sadiq Khan calls for extension to business rates holidayFrasers Group boss Mike Ashley eyes 30 Debenhams storesPossible outcomes include the current owners retaining the business, potential joint-venture arrangements that could involve new investors, or a sale to a third party, Debenhams said in a statement.Retail sales volumes rise for fourth consecutive month in AugustWestfield owner to raise £3.2bn as it posts improving sales & footfallDebenhams puts its Magasin du Nord business up for saleRetail Gazette Loves: The Rolling Stones’ first flagship storeYou have entered an incorrect email address!The retailer added that it had no plans to shut more stores as part of the latest restructure.This website uses cookies to improve your experience. Our journalists strive for accuracy but on occasion we make mistakes.
"Those colleagues affected by redundancy have been informed and we are very grateful to them for their service and commitment to Debenhams.
Nothing but a statement read out. The protests are being carried out in response to a recent wave of redundancies inflicted on shopworkers for the department store chain, which has entered administration twice in the last 18 months. No notice. Staff at Debenhams baffled at redundancies despite ... A member of staff at Debenhams in Lincoln says staff are furious after being ... What Christmas could look like in Lincolnshire in 2020. Their goods in is a shambles so restocking is w constant mess and the store looks shambolic. Debenhams to close more stores with the loss of 300 jobs June 17: HSBC - unknown number of jobs in UK, 35,000 worldwideJuly 29: Waterstones - unknown number of head office rolesDebenhams, which is currently in administration, declined to comment but its administrators, FRP, said consultation had not been possible as the retailer was insolvent and had "limited" options. They’re really lucky they’re not getting more legal action against them.Retail sales volumes rise for fourth consecutive month in AugustWestfield owner to raise £3.2bn as it posts improving sales & footfallRetail Gazette Loves: The Rolling Stones’ first flagship storeYou have entered an incorrect email address!Law firm Simpson Millar has begun investigations and is seeking to secure a Protective Award on behalf of staff regarding Debenhams’ alleged failure to properly inform colleagues of the mass job cuts, It said it collapsed into administration to protect Debenhams in the UK from the threat of legal action that could push the business into liquidation.This website uses cookies to improve your experience. Debenhams workers mark 100 days since redundancies Updated / Saturday, 18 Jul 2020 15:58 About 30 people are protesting outside Debenhams' Henry Street store this afternoon Pay up, then give up…Before the coronavirus pandemic gripped the UK in March, Debenhams operated from around 142 stores.The department store chain said it was looking to make staff who hold sales manager, visual merchandise manager and selling support manager positions redundant.“Those colleagues affected by redundancy have been informed and we are very grateful to them for their service and commitment to Debenhams.The trouble with Debenhams is their insistence on sales staff constantly trying to sign people up to their store credit cards. Millions of people in several regions face new restrictions after significant increases in Covid-19 cases.Read about our approach to external linking. For further details of our complaints policy and to make a complaint please click But it has been struggling for several years, with the retailer having already made a raft of store closures.News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.Debenhams will employ around 12,000 workers after the redundancies.This is an insolvency process that allows a business to sell its assets before appointing administrators.©News Group Newspapers Limited in England No. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic.Debenhams said on Tuesday: "Such difficult decisions are being taken by many retailers right now, and we will continue to take all necessary steps to give Debenhams every chance of a viable future.July 2: Casual Dining Group (owns Bella Italia and Cafe Rouge) - 1,909Other High Street names have also announced job losses as they fight to stay afloat.June 30: Smiths Group - "some job losses"https://www.bbc.co.uk/news/business-53733929This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its workforce. Retail redundancies Debenhams could remain in administration for the rest of this year, as lenders wait to see how it performs post-lockdown and in the crucial Christmas trading period.
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