Debenhams to be wound down putting 12,000 jobs at risk – business live

Mike Ashley’s Frasers Group may be interested in taking some stores. However, with the group having a history of pushing rent reductions and delaying payments, this could add unwelcome pressure for landlords.

Although JD Sports has pulled out of its rescue bid for Debenhams, it may also now decide to take on some of these units in order to expand its presence on the high street, while the spaces could also be desirable for Next, since the retailer has already opened beauty halls in some of the former Debenhams sites