Debenhams Closes UK Outlet Doors for Last Time, BBC Reports

Debenhams Closes UK Outlet Doors for Last Time, BBC Reports

Debenhams. Shutterstock.

Debenhams Plc is closing its remaining 28 outlets in the UK on Saturday, the BBC reported.

The department-store chain has been struggling for years as consumers shifted to online shopping and store visits declined. While online retailer Boohoo Group Plc purchased Debenham’s label and fashion sub-brands in January for £55 million ($77.5 million), the transaction didn’t include any inventory or outlets.

In December, Debenhams said it was preparing to close its doors for good after failing to find a buyer. The chain, one of Britain’s best-known retailers, had 124 outlets across the country and employed around 12,000 when it announced it was winding down operations.

By Jack Wittels

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