[arista]

Yes today or tomorrow
another big old store to go into admin.
Sad for the workers.





https://news.sky.com/story/debenhams...urned-11688411

[Debenhams has taken a step closer to
falling into the hands of its lenders after
a revised last-ditch offer from
Mike Ashley was spurned.
The struggling 240-year-old
department store chain said an
improved £200m offer - announced i
n the early hours - to underwrite a
rights issue was not enough to
persuade lenders to give it more
time as it seeks new finances.
Debenhams said it would make a
further announcement later on
Tuesday. Shares were suspended
shortly afterwards.]