Debenhams starts liquidation process after Arcadia collapse
Video Credit: PA - Press Association STUDIO - Duration: 00:40s - Published
Debenhams starts liquidation process after Arcadia collapse
Debenhams is to start a liquidation process after JD Sports confirmed it haspulled out of a possible rescue deal, putting 12,000 workers at risk.
The 242-year-old department store chain said its administrators have “regretfully”decided to start winding down operations while continuing to seek offers “forall or parts of the business”.
