Debenhams PLC (DEB.L)
18 Dec 2018
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LONDON, Dec 13 Britain's Sports Direct has offered a 40 million-pound ($51 million) loan to Debenhams , the struggling department store group in which it holds a near 30 percent stake, according to a letter from Mike Ashley published by the Daily Telegraph.
LONDON, Dec 3 The British government should levy a tax on retailers with online sales accounting for more than 20 percent of revenue to save traditional shopping districts, the billionaire boss of Sports Direct told lawmakers on Monday.
LONDON, Nov 20 Sales at John Lewis, Britain's largest department store group, have fallen sharply for a second consecutive week, adding to evidence of a slowdown in UK consumer spending.
* Debenhams has worst ever day on report of suppliers cutting ties (Updates, adds stocks, details)
LONDON, Nov 14 Britain's top stock index sank on Wednesday as mining companies and oil majors sold off amid growing anxiety that global growth was slowing.
Oct 26 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON Struggling British department store chain Debenhams is closing up to 50 of its underperforming stores, putting about 4,000 jobs at risk, after it reported a record full-year loss of nearly 500 million pounds ($645 million).
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LONDON, Oct 25 Struggling department store chain Debenhams is closing 50 of its underperforming stores, resulting in around 4,000 job losses, as write downs in the value of its business led to a record full-year loss of nearly 500 million pounds.