Debenhams to appoint administrators for second time in a year

Department store chain seeks to protect assets from creditors during coronavirus lockdownCoronavirus – latest updatesSee all our coronavirus coverageDebenhams has confirmed it intends to appoint administrators for the second time in a year as it tries to protect its assets from creditors during the coronavirus lockdown.The struggling department store chain said the process will provide it with protection from the threat of legal action “that could have the effect of pushing the busin