Share price decline implies Debenhams is at death’s door

Will the fading retailer survive to see Christmas?
Thursday 13 Sep 2018 Author: James Crux
Ailing department store Debenhams’ ( DEB ) shares plunged to fresh lows on media reports it had called in accountant KPMG to consider its options, as the chill wind blowing through the high street threatens to claim another victim. The fear is the decision to bring in KPMG is a prelude to a company voluntary arrangement (CVA) or perhaps worse. Debenhams’ response (10 Sep) failed to address investors’ key...

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