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Debenhams store CLOSURES: Clothing warehouse SHUT DOWN and 10 stores 'under review'

April 20, 2017 10:27 AM
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Debenhams store CLOSURES: Clothing warehouse SHUT DOWN and 10 stores 'under review'

As the Post Office announces store closures across the country. We take a look at the retail giants who have closed high street stores in the last year.

Sergio Bucher, Chief Executive of Debenhams, said: "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.

"If we deliver differentiated and distinctive brands, services and experiences both online and in stores, our customers will visit us more frequently and, having simplified our operations to make us more efficient, we will be able to serve them better and make better use of our resources.

"I’d like to thank the executive team and all our colleagues, who made sure that we were able to deliver a great experience for our customers over the peak trading period, and who are now working hard to implement our new strategy.

"This will set Debenhams on course for a successful and profitable future."

The department store's half-year pre-tax profits fell by 6.4 per cent to £88m and shares were down by nearly 5 per cent following the announcement.

Source: express.co.uk

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