Is Debenhams closing down in London?

Is Debenhams closing down in London?

LONDON, May 5 (Reuters) - British department store retailer Debenhams will permanently close its remaining stores on May 15, bringing the curtain down on 242 years of trading. Debenhams, founded in London in 1778, started a liquidation process in December, dealing a hammer blow to Britain's retail sector.

Is Debenhams closing down in UK?

Debenhams has announced it will shut its remaining stores by 15 May, closing the door on more than 200 years of trade on UK high streets. ... The Debenhams brand will continue online after being bought by retailer Boohoo for £55m in January.

Is Debenhams closing down 2021?

The sale of items is part of the liquidation process which will see the eventual closure of all of Debenhams' 118 stores after Boohoo bought the brand but not the bricks and mortar. Two final waves of store closures will occur on Wednesday 12 May and Saturday .

Is Debenhams closing down?

The last remaining Debenhams are closing their doors on Saturday, more than 240 years after the department store began trading. The Debenhams brand will continue to trade online after it was bought by the fashion retailer Boohoo for £55m in January. ...

Is Debenhams opening again?

Debenhams has previously announced that several of its stores will not be reopening. It comes after the department store chain fell into administration for the second time in 12 months in April this year. It had previously announced plans to shut around 50 stores in 20.

What will replace Debenhams?

Next beauty halls Next signed a deal last year to replace five former Debenhams stores with its own standalone beauty offering.

Who bought Debenhams 2021?

Boohoo Boohoo, known for its fast-fashion dresses and going-out clothes, bought the Debenhams brand and website out of administration for £55m in January, after the 243-year-old chain collapsed in 2020.

Which stores are Debenhams closing?

Debenhams stores closing on May 8 (as previously announced in April):

• Blackpool.
• Bury St Edmunds.
• Crawley.
• Derby.
• Hemel Hempstead.
• Leeds City Centre.
• Lincoln.
• Luton.

What will happen to the empty Debenhams stores?

Some former Debenhams stores will become leisure facilities or other retailers will take the space. ... On the retail front, Marks & Spencer has taken on the Debenhams site in Stevenage and has submitted plans to create a 100,000 sq ft M&S Foodhall across two floors, complete with a cafe.

Who's taking over Debenhams?

Boohoo, known for its fast-fashion dresses and going-out clothes, bought the Debenhams brand and website out of administration for £55m in January, after the 243-year-old chain collapsed in 2020.