The Debenhams website has been overwhelmed by customers rushing to bag pre-Christmas bargains following the collapse of the department store chain.
In what Sky News describes as a “horror week for UK retail”, hopes of a last-ditch deal to rescue the 242-year-old firm evaporated yesterday when the last remaining bidder, JD Sports, withdrew its offer just hours after retail rival Arcadia went into administration.
Following the collapse of the talks, Debenhams - which had been in administration since April - has launched “a 70% off pre-Christmas clearance in what’s expected to be the last ever sale across its remaining 124 stores”, says the Daily Mirror.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Shoppers eager to make the most of the discounts have flocked to the chain’s website, forcing the retailer to implement a queuing system due to “exceptional demand”.
And according to the newspaper, the number of bargain hunters stuck in that “virtual queue” reached more than a million yesterday.
“We have been seeing unprecedented levels of visits,” a Debenhams spokesperson confirmed.
Social media users also provided updates after joining the line on the site, with one tweeting: “Figured I might as well go on the Debenhams website for the first time in ten years, and I’m 310,657 in the queue.”
Shoppers are snapping up discounted buys at Debenhams stores too, which like other UK retailers reopened today following the end of the four-week lockdown.
Dubbed “Wild Wednesday”, today “is set to be one of the busiest shopping days of the year as retailers return from lockdown with new 24-hour trading times in a bid to claw back the £900m lost a day as a result of Covid-19 restrictions”, says the Daily Mirror.
-
Downton Abbey: The Grand Finale – a ‘comfort’ watch for fansThe Week Recommends The final film of the franchise gives viewers a chance to say goodbye
-
The Paper: new show, same 'warmth and goofiness'The Week Recommends This spin-off of the American version of The Office is ‘comfortingly and wearyingly familiar’
-
Rachel Jones: Gated Canyons – ‘riotously colourful’ works from an ‘exhilarating’ painterThe Week Recommends The 34-year-old is the first artist to take over Dulwich Picture Gallery’s main space
-
Labour shortages: the ‘most urgent problem’ facing the UK economy right nowSpeed Read Britain is currently in the grip of an ‘employment crisis’
-
Will the energy war hurt Europe more than Russia?Speed Read European Commission proposes a total ban on Russian oil
-
Will Elon Musk manage to take over Twitter?Speed Read The world’s richest man has launched a hostile takeover bid worth $43bn
-
Shoppers urged not to buy into dodgy Black Friday dealsSpeed Read Consumer watchdog says better prices can be had on most of the so-called bargain offers
-
Ryanair: readying for departure from LondonSpeed Read Plans to delist Ryanair from the London Stock Exchange could spell ‘another blow’ to the ‘dwindling’ London market
-
Out of fashion: Asos ‘curse’ has struck againSpeed Read Share price tumbles following the departure of CEO Nick Beighton
-
Universal Music’s blockbuster listing: don’t stop me now…Speed Read Investors are betting heavily that the ‘boom in music streaming’, which has transformed Universal’s fortunes, ‘still has a long way to go’
-
EasyJet/Wizz: battle for air supremacySpeed Read ‘Wizz’s cheeky takeover bid will have come as a blow to the corporate ego’
