Debenhams to pull out of Ireland

Debenhams to pull out of Ireland

British department store chain Debenhams is to pull out of Ireland and close all 11 of its stores there, RTE reported on Thursday.

A liquidator is to be appointed to the Irish operations in the coming days, RTE reported. A spokesman for Debenhams did not immediately respond to a request for comment.

Debenhams on Monday said it was preparing to enter administration in the United Kingdom for the second time in a year to protect the business from legal action from creditors during the coronavirus emergency. (Reuters)

Source: www.businessworld.ie