A list of the 45 branches of Debenhams stores most at risk of closure has been published after the chain went into administration – and the list includes the Swindon branch.
Administrators FTI Consulting have sold the group to a newly-incorporated company controlled by Debenhams’ lenders, including hedge funds thought to include Alcentra, Angelo Gordon and Silver Point Capital.
The move is expected to trigger store closures and job losses as part of a wider restructuring that will see around 50 outlets shut via a Company Voluntary Arrangement.
Colliers International’s, a top tier global real estate services and investment management company, research predicts the following 45 Debenhams stores are most at risk of closure:
Altrincham
Bangor
Barrow In Furness
Basildon
Basingstoke
The Fort Birmingham
Blackpool
Bolton
Bury St Edmunds
Carlisle
Carmarthen
Colchester
Croydon
Fareham
Gloucester
Gravesend
Harrow
Hounslow
Hull
Ipswich
Lichfield
Mansfield
Newbury
Norwich
Oldham
Plymouth
Portsmouth
Preston
Scarborough
Southend-On-Sea
Southport
Stockport
Stockton-On-Tees
Stratford-Upon-Avon
Swindon
Taunton
Telford
Torquay
Warrington
Wigan
Workington
Worthing
Wrexham
York
