Debenhams is preparing to close, putting 12,000 jobs at risk
The famous British department store chain Debenhams has begun liquidating clothes and household items, putting about 12,000 jobs at risk.
Debenhams, which was founded in 1813 "207 years ago", began to be placed under the authority of creditors in April after incurring losses due to closure in Britain due to the Corona pandemic.
Debenhams said it was facing liquidation after British sportswear firm JD Sports said it had "halted" its purchase talks.
Debenhams said in a statement that its 124 stores in Britain will continue to work to clear inventory, and some of these stores in England are scheduled to reopen later this week after the closure ends.
She added that "Magazine du Nord", which was put up for sale in (September), will continue operating, as it is independently operated.
A spokesman for Debenhams directors said there had been no layoffs yet.
Debenhams added that offers for all or some businesses are still being accepted.
Debenhams is a global chain of stores offering many brands, and its 240 stores are spread in 27 countries around the world.
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