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Debenhams (formerly Debenhams.com), a trading name of Debenhams Brands Ltd, is an online retailer owned by Boohoo.com. The company was formed in 2021 after Boohoo purchased the website operations and rights to the name of the department store group Debenhams , which had entered liquidation .
On 5 May 2021, the liquidator announced that all remaining UK stores would close on 15 May 2021, marking the end of Debenhams as a department store retailer in the UK after 243 years. [98] Despite the closure in the UK, Debenhams in Middle East countries remained unaffected and continues its operations as of June 2023. [99] [100]
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
Founded in Belgium as a manufacturer of ladies' shoes, the UK business opened in 1998 after the purchase of the British Shoe Corporation's 47 Shoe City shops. Closed in 2017 after owners Alteri put the business into administration for the second time. Bricks Manshop
Matalan Retail Ltd is a British clothing, homeware and toy retailer based in Knowsley, Merseyside, founded by John Hargreaves in 1985. In August 1988, its operations director at the time, Duncan Sullivan, transformed Matalan into an out-of-town warehouse-style, membership-only cash-and-carry business, inspired by Sam's Club in the United States.
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