Debenhams Sale, Lord street, Southport. Debenhams has announced that it will close 22 stores in 2020 putting 1,200 jobs at risk. Administrators have sold the group to a newly-incorporated company controlled by Debenhams' lenders, including hedge funds thought to include Alcentra, Angelo Gordon and Silver Point Capital. Under new ownership, Debenhams will have access to £200 million in emergency funding.

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Size: 3384px × 2256px
Location: Southport, UK
Photo credit: © MediaWorldImages / Alamy / Afripics
License: Licensed
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