The new boss of Debenhams has unveiled plans to close 11 warehouses and potentially axe up to 10 stores in a move impacting at least 220 jobs.
Sergio Bucher, who took over as chief executive last October, outlined an overhaul that will see the department store chain shut one of its three distribution centres run by DHL and 10 smaller in-house warehouses.
He also said up to 10 of the company’s 176 stores were under review, with closure a possibility over the next five years.
The DHL warehouse employs 220 staff and will shut in two years’ time, but Debenhams hopes to be able to redeploy many staff affected by the smaller warehouse closures.
Details of his plans came as the group announced a 6.4 per cent drop in pre-tax profits to £87.8million for the six months to March 4.
Source: Debenhams says 10 shops at risk as it closes 11 warehouses | Daily Mail Online
No comments:
Post a Comment