Quote:
Originally Posted by Mr K
Debenham has been coming for a long time. A store that has totally refused to move with the times. The stores still look like they did in 1978.....
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Quote:
Originally Posted by mrmistoffelees
^^ Absolutely this. An appalling shopping experience, selling vastly overpriced goods. As you say a store that has stayed firmly stuck in the mud with little attempt to change or modernise. The demise has been long on the cards, well before Covid which as is many cases has simply accelerated the process.
I feel for the employees, but won't miss the store itself one bit.
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You don't think it's got any thing to do with private equity getting their grubby paws on it, asset stripping and loading it with debt, they went from owning all their stores before they arrived to having to pay rent on them all once those vultures had picked it clean. I believe such shoddy practices have been legislated against as it can't be right thousands of people lose their jobs so a few people can be further enriched however given how these shysters like to get in with politicians how much teeth the legislation has remains to be seen.