Debenhams set to close all UK stores for good after starting liquidation process

A woman walks past a Debenhams store. Picture: Danny Lawson/PA Wire

Debenhams is to start a liquidation process after JD Sports confirmed it had pulled out of a possible rescue deal, putting 12,000 workers at risk.

The 242-year-old department store chain said its administrators have “regretfully” decided to start winding down operations while continuing to seek offers “for all or parts of the business”.