Debenhams faces its biggest loss EVER!!!

by - Thursday, October 25, 2018

Debenhams is preparing to announce a loss of almost £500m for the year to September, its biggest annual loss since it started trading more than 205 years ago.



I really do love to shop at Debenhams, it's my go to store especially for my 3 year old daughter.. Ted Baker being one of my favourite concessions at Debenhams and it will really hurt if my local store closes down.

I mean it's 2018 and majority of our shopping is now done conveniently online with almost all online retailers offering free next day delivery... Especially if you are a working professional, you can just have your items delivered to your work address (very handy) or to your home..


Its a shame that the troubled department store swung to a loss of almost £500m for the year to September 1, its biggest annual loss since it started trading more than 205 years ago, compared to a £59m profit in 2017.
The main drivers for the loss are write downs worth more than half a billion pounds connected to goodwill and store impairments linked to store leases and computer systems.
Like-for-like revenue dropped 2.3pc over the period, while total sales for the year also fell 1.8pc to £2.9bn. 
I'l update if there's more news to this but at the moment, this is all that has been reported.

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1 comments

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    i will love to share my testimony to you all the people in world. My name is Clara James form new York i got married to my husband about 2 year ago we start having problems at home like we stop sleeping on the same bed,fighting about little things he always comes home late at night,drinking too much and sleeping with other women out side i have never love any man in my life except him. he is the father of my child and i don't want to loose him because we have worked so hard together to become what we are and have today .few month ago he now decided to live me and the kid,being a single mother can be hard sometimes and so i have nobody to turn to and i was heart broken.i called my mom and explain every thing to her,my mother told me about PRIEST WISDOM how he helped her solve the problem between her and my dad i was surprise about it because they have been without each other for three and a half years and it was like a miracle how they came back to each other. i was directed to priest wisdom and i explain everything to him,so he promise me not to worry that he will cast a spell and make things come back to how we where so much in love again and that it was another female spirit that was controlling my husband he told me that my problem will be solved within 2 days if i believe i said OK So he cast a spell for me and after two days my love came back asking me to forgive him i Am so happy now. so that why i decided to share my experience with every body that have such problem contact priest wisdom the great spell caster on his email Id: supernaturalspell1@gmail.com or whatsapp him +2348124644470 or you can read more of him on supernaturalspell1.blogspot.com/

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