Debenhams: 'No option' but to shut 11 stores in Republic after Covid-19 shutdown added to losses

Debenhams Ireland said yesterday it had applied to the court for the appointment of joint provisional liquidators, Kieran Wallace and Andrew O’Leary of KPMG.

Debenhams Ireland said it had “no option” but to shut permanently its 11 outlets in the Republic with the loss of at least 957 directly- employed jobs because it was loss-making for a number of years.

The British department store announced earlier this week it would not reopen when the Covid-19 retail lockdown ends and said it planned to liquidate the company.