Debenhams Department Store Ceases Trading

Shoppers walk past the closed Debenhams department store in London's Oxford Street as the second lockdown of the Coronavirus pandemic comes to a end, and a day before London enters the Tier 2 restriction when retailers will be allowed to once again re-open for the run-up to Christmas, on 1st December 2020, in London, England. 12,000 jobs are said to be at risk after financial negotiations failed the day after Topshop owner Arcadia fell into administration.

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Filename: debenhams_closure14-01-12-2020.jpg
Copyright: Richard Baker
Image Size: 5315x3543 / 3.1MB; www.photoshelter.com/support/license; www.bakerpictures.com/contact; Britain British British Isles Covid Debenhams England Great Britain London Oxford Street UK United Kingdom West End administration apart arcadia business closing closure company concessions coronavirus covid-19 department store distance economy end final finance gap high street jobs liquidation lockdown lockdown 2 metres pandemic phone restrictions retail retailer second wave selling shop shoppers shopping shut social distance social distancing store trader trading westminster
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Shoppers walk past the closed Debenhams department store in London's Oxford Street as the second lockdown of the Coronavirus pandemic comes to a end, and a day before London enters the Tier 2 restriction when retailers will be allowed to once again re-open for the run-up to Christmas, on 1st December 2020, in London, England. 12,000 jobs are said to be at risk after financial negotiations failed the day after Topshop owner Arcadia fell into administration.