Debenhams hires restructuring firm for potential liquidation

Thousands of jobs under threat if attempts to sell historic department store failDebenhams’ owners have appointed restructuring experts to draw up plans for its potential liquidation in a move that could threaten thousands of jobs.Company bosses appointed Hilco Capital, a firm that specialises in helping to wind down distressed retail businesses, to work with them should attempts to sell the historic department store end in failure.M&Co – 400 jobs
5 August: M&Co., the Renfrew