Pedestrians walk past the Debenhams store on Oxford Street, in central London, in this file photograph October 19, 2008. — Reuters pic
“We can confirm that despite our best efforts, we have been unable to agree terms with Hammerson on our five stores in its shopping centres, and so they will not be reopening”, Debenhams said in a statement. Debenhams’ spokesman said the company would shut down stores in Hammerson’s centres, including Bullring and Oracle.
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