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Old 31-12-2013, 04:47 PM #1
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Default Debenhams to Slash Prices after Dire Xmas sales

http://news.sky.com/story/1188828/de...oor-xmas-sales

[Debenhams has announced it will be
slashing prices after issuing a profits
warning following poor Christmas sales.
Shares in Britain's second-largest
department store plunged by as much
as 13% on Tuesday after it disclosed
profits nearly £30m lower than last year.
In a statement released by
Debenhams management,
they say that they now "expect the need
for additional markdown
to clear stock in January and February".]



Debenhams says high street decline and bad weather hit sales



What will they call it
Mega Sale?


Will they Close "some" stores down?
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