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Debenhams will close up to 50 stores, putting 4,000 jobs at risk

Debenhams has posted record annual losses and said it will close up to 50 stores, putting 4,000 jobs at risk.
In the year to September the department store group lost £491.5m, against profits of £59m the year before.
Debenhams, which has 165 branches, previously said it planned to close 10 stores.
Boss Sergio Bucher said the company was "taking tough decisions" on stores where financial performance was likely to deteriorate over time.
The retailer is not releasing a list of the stores at risk of closure.

https://www.bbc.co.uk/news/business-45975321
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