Debenhams

DEBENHAMS sought to reassure investors over its finances after its shares hit a record low on fears of a restructuring which could lead to more store closures. The department store group, which has issued three profit warnings this year, put out a stock market announcement confirming it expects to make annual pre-tax profit of £33million,
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Another week, another sorry announcement from one of the UK’s high street retailers. On Tuesday, Debenhams announced a pretty ugly set of quarterly results, sending the shares tumbling. Unfortunately, this story has more than a hint of deja vu. Daily Express :: Finance Feed
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