Advertisement

  1. ITV Report

Debenhams: list of store closures in our region

Photo:

Owners of high street retail chain Debenhams have announced as many as 22 store closures across the UK in 2020.

Eight of those are within the Meridian region, with the most closures affecting the South East.

  • List of closures in our region:
  • Ashford
  • Canterbury
  • Chatham
  • Eastbourne
  • Folkestone
  • Guildford
  • Southsea
  • Witney
  • WATCH: Shoppers in Witney in Oxfordshire react to planned closure

The closures put 1,200 jobs at risk across the department store chain.

The group has announced a Company Voluntary Arrangement (CVA), which will see the affected shops continue trading until early 2020.

Further closures could still be announced following discussions with landlords.

Meanwhile rent reductions will be sought on many of the remaining branches.

Debenhams has a clear strategy and a bright future, but in order for the business to prosper, we need to restructure the group’s store portfolio and its balance sheet, which are not appropriate for today’s much-changed retail environment. Our priority is to save as many stores and as many jobs as we can, while making the business fit for the future."

– Terry Duddy, Executive Chairma, Debenhams
  • WATCH: Chief Financial Officer at Debenhams, Rachel Osborne, says more stores and jobs "could be at risk" if talks with landlords are unsuccessful.