Debenhams placed into administration - future of Swindon store uncertain

By Ben Fitzgerald - 9 April 2019

CommunityBusiness

Staff at Swindon’s branch of Debenhams face uncertainty after the announcement that the high street firm has been placed into administration.

The firm employs dozens of local people at its branch at Falcon House in Swindon. The firm has said that the store will continue to trade as normal.

The latest move by the struggling business allows it to access new funds to keep it afloat - a £200m offer by Mike Ashley’s Sports Direct, which owned 30 per cent of the business was rejected.

Debenhams has 166 UK stores and employs more than 25,000 people.

Your Comments

Be the first to comment on this article

Login or Register to post a comment on this article

Registered in England & Wales. No: 4513027, Positive Media Group, Old Bank House, 5 Devizes Road, Old Town, Swindon, SN1 4BJ