12000 Jobs at Stake as Debenhams Set to Shut all Stores – Department store chain goes into liquidation after JD Sports ends talks over rescue deal. Debenhams is about to wind down the business and shut all 124 stores with the potential loss of 12,000 jobs after JD Sports ended discussions over a rescue deal for the struggling emporium chain. Administrators to Debenhams, which has been seeking a buyer since the summer, said the sale process had “not resulted during a deliverable proposal”. They will still seek a buyer while…
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