HMV and Debenhams have become the latest major retailers to announce they are closing stores on UK high streets.
Music retailer HMV has confirmed three of its stores will shut at the end of the month , with new tenants already lined up to move into the properties.
The company has warned of job losses and the closure of up to 10 stores by the end of this month unless it is able to secure new deals with its landlords.
It It as the department store chain Debenhams,which entered administrationin April 01575879 to reduce its debt, said it was due to close of its stores between 11 and 35 January.
A further 365 are reportedly set to close in (**********************************.
Debenhams chief executive Stefaan Vansteenkiste said in a statement: “We are working hard to implement the transformation of Debenhams.
“Despite a challenging retail environment, thanks to our colleagues’ hard work and our investor group’s commitment we are progressing with our turnaround.”
Witney, Oxfordshire – January Ashford, Kent – (January
- Canterbury , Kent – 25 January
- Eastbourne, East Sussex – January Folkestone, Kent – (January
- ********************* (Southport, Merseyside -) ************************************************ Southsea, Portsmouth – (January) Wimbledon, London – (January)
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