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Debenhams retail shop Oxford street

RMID:R86BKR

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Image details

Contributor:

Chris Batson / Alamy Stock Photo

Image ID:

R86BKR

File size:

51.3 MB (2 MB Compressed download)

Releases:

Model - no | Property - noDo I need a release?

Dimensions:

5184 x 3456 px | 43.9 x 29.3 cm | 17.3 x 11.5 inches | 300dpi

Date taken:

13 December 2018

Location:

London, UK

More information:

This image could have imperfections as it’s either historical or reportage.

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christmas debenhams high street london oxford oxford street retail shop shoppers shopping store street

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RMR1711M–Shoppers are seen outside Debenhams store on London's Oxford Street. Debenhams plans to close up to 50 stores, nearly a third of the UK-wide chain, putting up to 5,000 jobs at risk. The department store unveiled a near £500m annual loss as it writes off the value of its brand and the cost of unwanted shop leases and IT systems. The retail sector faces difficulties as consumers cut down on spending and do more of their shopping online. A report by accountancy firm PWC has said that over 1,000 stores disappeared from Britain's top 500 high streets in the first six months of the year.