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19 Oct 2025 17:18
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      Home > News > Business

    The end of the road for a 242-year-old giant of British retailing

    The end of the road for a 242-year-old giant of British retailing


    Debenhams has announced it will start liquidating its business after a potential buyer of the company pulled out.

    It's a move that looks like it will cost 12-thousand jobs.

    Administrators have decided to start winding down operations while continuing to seek offers "for all or parts of the business".

    Debenhams will continue to trade through its 124 UK stores and online to clear its current and contracted stocks.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Emergency services are currently at the scene of a two-vehicle crash on SH1 near Karapiro, in Waikato 16:56

     Rugby League:
    A slow start for the Kiwi Ferns in their opening match of league's Pacific Championships 16:16

     Motoring:
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     Soccer:
    Arsenal's gone top of the English Premier League following a 1-nil win at Fulham 14:56

     International:
    Julian Assange seeks 20-year jail term for David Morales, the Spaniard who spied on him 14:16

     Rugby:
    North Otago coach Luke Herden reckons they're peaking at the business end of rugby's Heartland Championship 14:06

     Living & Travel:
    A Hamilton Lotto player will be celebrating today after winning one-million-dollars in last night's Lotto First Division 14:06

     Environment:
    Rain has put a dampener on New Zealand's chances of making the semi-finals at the 50-over World Cup...washing out their match against Pakistan when the White Ferns were well on top 13:46

     International:
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     Business:
    Teachers are rejecting the Government claim its pay offer is "quite generous" 13:26

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