Debenhams liquidation – Hastings In Focus

UPDATED – ‘Devastating loss’ for Hastings – Debenhams reaches the end of the road

It has been confirmed this morning that work will begin to wind down the Debenhams department store chain leading to its closure in the new year which will mean the closure of the chain’s Robertson Street store in Hastings. The 242-year-old business has been struggling for some time and went into administration in April for […]

Bidding deadline was yesterday as analysts predict an online only future for Debenhams

The future of Debenhams may well already have been decided as reports surface today that those bidding to take on the struggling department store chain were asked to submit their bids by 5pm yesterday (September 1st). Investment bank Lazard is overseeing the department store’s sale process after Debenhams filed for administration in April. There are […]