August 11, 2020

UK department store Debenhams cuts 2,500 jobs

London (AFP) – UK department store chain Debenhams has axed 2,500 jobs, a spokesman said Tuesday, as the coronavirus pandemic piles further pressure onto the long-suffering group.  “Such difficult decisions are being taken by many retailers right now, and we will continue to take all necessary steps to give Debenhams every chance of a viable future,” said a company statement. “At the same time, the trading environment is clearly a long way from returning to normal and we have to ensure our store costs are aligned with realistic expectations,” it added, with the spokesman confirming there had b…


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