The end of an era: Analysts review what has gone wrong for Debenhams

UK’s department stores chain Debenhams will shut downs its doors for good after 242 years a high street staple. Market experts analyse what has gone wrong with the British retailer. Boohoo’s acquisition of Debehams’ brand out of administration marks the end of an era, that of the department store chain that has been a high street’s fixture for over 240 years. Under the new management, Debenhams will become an online-only brand, what means more than 120 store closings and up to 12,000 jobs lost.