Debenhams’ distribution centres remain open and busy as they continue handling online orders, days after its administrators said they should start winding up the business. The stores are set to close after the failure of last-ditch efforts to rescue the ailing chain. It had been in administration since April, but hopes of a rescue were dashed when the last remaining bidder, JD Sports, withdrew earlier this week. The company took control of its distribution operations in the UK in August […]
C Butt saw both its pre-tax and turnover crash in its most recent financial year, after the loss of three major contracts.
Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down.