Debenhams in profit alert as sales slide

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Debenhams in profit alert as sales continue to slide

Sergio Bucher, the chief executive of Debenhams, said:"We are making good progress with our stakeholder discussions to put the business on a firm footing for the future.He said the business would need the help of landlords and local authorities to address rent and rate levels and lease commitments.Oddly timed announcements to the stock exchange normally do not contain good news - a market maxim that Debenhams, the beleaguered department store chain, proved this morning.

Debenhams made this morning's announcement 45 minutes later, giving the impression that the statement had to be rushed out.

 

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Is shopping on the high street as we know it doomed?

what my favorite shop is going come on lets get spending

Call Mike Ashley, calling Mike Ashley......

Probably the most dated store left on the high street, is it any wonder they’re on the decline.

Amazing how this 'anti-Semitism crisis in Labour' was identified at almost exactly the same time that the Israeli Embassy set aside £1m to finance an orchestrated campaign to discredit Corbyn.

Shouldn’t it be a debt alert? :p

Just keep doing the fruit toast, ok!

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