Ten Debenhams stores are at risk of closure
Ten Debenhams stores are at risk of closure as its shares continue to fall.
A review of the company’s performance has been announced by its new chief executive, Sergio Bucher.
The first closure affects the DHL-run Lodge Farm distribution centre in Northamptonshire, which employs 220 staff and would close in two years.
Mr Bucher said that the change-up would see stores potentially close over the next five years.
“Our customers are changing the way they shop and we are changing too.
“Shopping with Debenhams should be effortless, reliable and fun, whichever channel our customers use.
“We will be a destination for ‘social shopping’ with mobile the unifying platform for interacting with our customers,” reports Sky News.
Debenhams is the UK’s second-largest department store group and employs 19,000 people across the Irish Sea.
Ten smaller in-house warehouses could also close as part of the move, but they said that many of staff could be redeployed elsewhere.
It is not known how the closures will affect Irish consumers just yet.
Six Marks and Spencers shops are also set to shut their doors over the coming months.