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15th January 2019
08:08pm GMT

Richard Hyman an independent retail consultant and analyst spoke to The Irish Sun saying:
"Debenhams is fighting for its life. Everything is up for grabs and if the business does manage to to survive in its current form, it’s bound to mean massive downsizing. "Even then, it would be a huge challenge to establish a viable footing in a market getting progressively more cutthroat."Coming up to Christmas, it is reported that Debenhams felt the pressure from fellow high street stores as they slashed their prices by up to 70 percent to drive footfall, however, this in turn, massively affected them as the company reported one of the worst Christmas results with weak sales. You can read the full report here.