More Retail Pain to Come, Warns Debenhams ; Retail

Summary


Department store chain Debenhams has underlined tough high street conditions as it unveiled a half-year sales dip.

The retailer, which runs 145 stores across the UK and Ireland, said like-for-like sales fell 0.7 per cent in the six months to March 1, compared with a sales drop of around 0.5 per cent forecast by Reuters.

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More Retail Pain to Come, Warns Debenhams ; Retail

Debenhams, which has 40 international franchises in 16 other countries, said in January that like-for-like sales were flat in the first 18 weeks of its ...

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