Once the UK’s biggest department store group, Debenhams will close its remaining high street stores for the last time on May 15, 2021–242 years after it first began trading.
Fashion retailer Boohoo announced it had acquired Debenhams out of administration for £55 million pounds in January 2021. However, the deal only includes the Debenhams brand and online operations, not the retail shops or its workforce, resulting in the closure of 118 stores as part of the liquidation process and the loss of thousands of jobs.
