Debenhams is preparing to go into administration, again.
The department store which has closed 22 stores this year already and has plans to close another 28 next year, is “making contingency plans” in a bid to secure its future.
The Swindon store has so far escaped the cull but will it be able to escape a second round of administration?
A Debenhams spokesman said: “Like all retailers, Debenhams is making contingency plans reflecting the extraordinary current circumstances.
“Our owners and lenders remain highly supportive and whatever actions we may take will be with a view to protecting the business during the current situation.
“While our stores remain closed in line with government guidance, and the majority of our store-facing colleagues have been furloughed, our website continues to trade and we are accepting customer orders, gift cards and returns.”
