Debenhams axing 320 jobs in major cost
moncler mens jackets cutting driveWe’ll be bringing you the very latest updates, pictures and video on this breaking news story.08:41, 8 FEB 2018Updated09:12, moncler outlet jackets 8 FEB 2018Debenhams (Image: Liverpool Echo) moncler mens jackets
buy moncler jackets In a statement, the retailer said: “As part of the implementation of the Debenhams Redesigned strategy a review of our store structure has been undertaken. buy moncler jackets
cheap moncler jackets “The review has identified significant Cheap Moncler cost savings by reducing https://www.moncleroutletmall.com the complexity of cheap moncler jackets management roles in stores as well as processes to optimise and standardise ways of working. cheap moncler jackets
cheap moncler coats “The effect is moncler outlet uk that potentially 320 positions are at risk of redundancy approximately 25% of store management roles. cheap moncler coats
cheap moncler sale “We are currently consulting with individuals affected and will seek redeployment opportunities where possible. cheap moncler sale
moncler outlet online “We envisage our new structure being fully moncler outlet in place by the end of March.” moncler outlet online
monlcer down jackets Debenhams saw its share price slump as much as 24% in January after warning over profits and slashing prices to bolster lacklustre festive sales. monlcer down jackets
It also announced plans to ramp up cost moncler outlet sale savings, with around another million earmarked for this financial year and million extra annually under a reorganisation led by chief executive Sergio Bucher.
moncler cheap moncler outlet sale The retailer said: “As part of the implementation of the Debenhams Redesigned strategy a cheap moncler review of our store structure has been undertaken. moncler sale
moncler outlet sale “The review has identified significant cost savings by reducing the complexity of management roles in stores as well as processes to optimise and standardise ways of working. moncler outlet sale
“The effect is that potentially 320 positions are at risk of redundancy approximately 25% of store management roles.
cheap moncler “We are currently consulting with individuals affected and will seek redeployment opportunities where possible.” cheap moncler
moncler outlet store Debenhams revealed in January that UK like for like sales had tumbled 2.6% in the 17 weeks to December 30, with overall group sales down 1.8%. moncler outlet store
It warned at the time that “should the current competitive and volatile environment continue” into the second half, moncler jackets outlet full year profit before tax is likely to be in the range of million to million.
moncler outlet Shares in the firm were moncler outlet online down 0.3% in morning trading on the London Stock Exchange. moncler outlet
The news comes after almost 500 jobs were put at risk at Marks Spencer after the store announced plans to close another eight stores.
cheap moncler outlet The high street giant has said a total of 468 jobs are under threat in the latest closures, which follow a previous announcement that six shops would shut by the end of April. cheap moncler outlet
It comes after both Tesco and Sainsbury’s last week announced job losses as part of a shake up of their structure.
M said staff will be offered redeployment at other stores before redundancy is considered.
The eight stores earmarked for closure are in Andover, Basildon, Bridlington, Denton, Falmouth, Fareham, Keighley and Stockport moncler jacket sale.