The Debenhams store in South Shields will not reopen when lockdown restrictions are lifted. The news comes after the company went into administration last week.
The firm said it has agreed terms with landlords to continue trading at 120 of its 142 UK stores.
Bosses of the department store chain say they have been unable to reach a deal over seven sites, including the shop at South Shields’ Waterloo Square, which will not reopen after lockdown restrictions are lifted.
staff jobs at the retail giant are now in doubt.
It is understood the group is taking part in ongoing talks over the remaining stores. It id hoped further agreements will be met in the coming days.
Debenhams entered administration on April 9, appointing FRP Advisory to oversee the process.
Job losses are likely as a result. The future of 22,000 staff at the retail giant are now in doubt.
Regrettably we have been unable to reach agreement on seven stores and these will not be reopening, and I’d like to express my thanks to our colleagues in these stores at what I know is a difficult time for everyone.”