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Debenhams stores across the UK are set to close after JD Sports pulled out of talks to rescue the company – putting 12,000 retail jobs at risk. The sports chain was the only bidder for the firm, which is currently in administration, and had appeared to be approaching a purchase deal at the end of last week. Debenhams’s 124 stores are now set to shut down, with staff reportedly told on Tuesday morning that their jobs would go if another buyer cannot be found. Read more here: https://www.independent.co.uk/news/business/news/debenhams-jd-sports-rescue-arcadia-collapse-b1764364.html Like us on Facebook: https://www.facebook.com/TheIndependentOnline Follow us on Twitter: https://twitter.com/Independent Follow us on Instagram: https://www.instagram.com/the.independent Subscribe to Independent Premium for exclusive content and live events: https://bit.ly/2MiOONB
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