Image copyright Huw Evans picture agency Image caption Havens department store closed in 2017 and has become an office/ community hub Last week Debenhams named 22 of the 50 stores it plans to close as part of a plan by new owners to revive the department store chain. But what will happen to all that…

Image copyright PA Mike Ashley’s Sports Direct has said that the takeover of Debenhams by its lenders as part of an administration process is “nothing short of a national scandal”. The store chain rejected two last-ditch takeover offers from Sports Direct. Under Tuesday’s deal, all stores will remain open for now, although some have been…

Image copyright Reuters Ailing department store chain Debenhams has been rescued by its lenders after falling into administration. Three years ago, the 166-strong chain was worth £900m, compared with £20m as of this week. It’s been one of the main draws of High Streets – and later, shopping centres – for years, and it has…