Read the full story:
'Debenhams goes into administration – what it means for online orders, returns and gift cards'
Click reply below to discuss. If you haven’t already, join the forum to reply.
Energy Price Cap announcement: Watch Martin Lewis explain what it means for your electricity and gas bills this winter
Debenhams goes into administration – what it means for online orders, returns and gift cards
in Shop but don't drop
11 replies 2.4K views
Former_MSE_Naomi Former MSEMSE Staff
Department store chain Debenhams has fallen into administration for the second time in a year – though the company will continue to trade online and says it aims to "reopen and trade as many stores as possible" once restrictions put in place due to the coronavirus pandemic are lifted...
Latest MSE News and Guides
Energy Price Cap change
Martin Lewis on what it means for youMSE News
Best £1 you've ever spent?
Share your most impressive bargainsMSE Forum
New MSE Forum avatars available
Try 'em out nowMSE Forum
Yesterday I went past our local Debenhams store, and guess what, that too had all its stock stripped from the store.
In contrast, the local John Lewis store which is also closed at this time had only removed it's most expensive items (presumably for security reasons), but most of their stock still remains in store.
The mutter from the gutter is that Debenhams owner, Celine, who took them over this time last year in a prepack administration agreement, is now planning on selling all it's stock valued at £10,000,000's via it's online platform, and once it's gone, so will Debenhams be.
Debenhams tends to be more clothing based than John Lewis, & so that may be easier to move. Have to see what Next does, if they also move stock from stores back to the warehouse.
Your reward vouchers will be accepted in Debenhams stores when they re-open