1,000 jobs to go as Debenhams plans closure of two Midlands stores
Debenhams is to shut its stores in Hammerson-owned shopping centres, with 1,000 jobs to be axed.
Stores in Leicester’s Highcross and Birmingham’s Bullring are to close after the retailer failed to agree terms with Hammerson.
Other branches to shut will be Croydon’s Centrale, Silverburn in Glasgow and the store at Reading’s Oracle.
A spokesperson for Debenhams said: ” “We can confirm that despite our best efforts, we have been unable to agree terms with Hammerson on our five stores in its shopping centres, and so they will not be reopening.
Last month Debenhams announced it had reached a deal with landlords over 120 of its 142 stores.
