Debenhams
From Wikipedia, the free encyclopedia
| Type | Public limited company |
|---|---|
| Founded | 1778 |
| Headquarters | England, United Kingdom |
| Key people | John Lovering (Chairman) Rob Templeman, (CEO) |
| Industry | Retailing |
| Products | Clothing, accessories, cosmetics, housewares |
| Revenue | £1,839.2 million (2008) |
| Operating income | £176.1 million (2008) |
| Net income | £77.1 million (2008) |
| Employees | 27,400 (2008) |
Debenhams plc (LSE: DEB) is a British retailer operating under a department store format in the UK and franchise stores in other countries. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Contents |
[edit] History
The business was formed in 1778 by Messrs Flint and Clark who began trading at 44 Wigmore Street in London as a drapers' store under the name Flint & Clark.[1] In 1813 William Debenham was made a partner so the name was changed to Clark and Debenham.[1] In 1818 the Company opened a second store in Cheltenham[1] and in 1851 Clement Freebody became a partner so the name was changed again, this time to Debenham & Freebody.[1] The business was incorporated as Debenhams Limited in 1905.[2]
The modern Debenhams group grew from the acquisition of department stores in towns and cities throughout the UK, under the leadership of its Chairman, Ernest Debenham. The first of these purchases, Marshall & Snelgrove at Oxford Street in London, was acquired in 1919.[1] Later purchases included Harvey Nichols in London's Knightsbridge in 1920.[1] Most stores acquired retained their former identities until a unified corporate image was rolled out across the stores. The Company was first listed on the London Stock Exchange in 1928.
In 1976 the Company acquired Browns of Chester - the only store that has retained its own identity.[1]
In 1985 the Company was acquired by the Burton group.[1] Debenhams was demerged in 1998 and was once again listed as a separate Company on the London Stock Exchange.[1] It expanded under the leadership of Belinda Earl who was appointed CEO in 2000.[3]
The Company was acquired again in late 2003 this time by a private consortium comprising CVC Capital Partners, Texas Pacific Group, Merrill Lynch Global Private Equity and management. The company returned to a listing on the London Stock Exchange in 2006.[4]
[edit] Operations
As of April 2009, the company had 153 stores (including 10 'Desire by Debenhams' stores)[5] covering 10.373 million square feet of retail space across the United Kingdom, the Republic of Ireland and Northern Ireland.[6] It also has 40 franchise stores operating in other countries, including Malaysia and Indonesia.
[edit] Products
The company introduced 'Designers at Debenhams' including Jasper Conran, John Richmond and John Rocha, an idea constructed by Spencer Hawken and Belinda Earle, which was seen as a saving grace in hard times. [5][7] The company sells goods under a number of brand names that it owns in its own right.
In 2008 the Company was voted best UK department store by GMTV.[8]
[edit] Stores in the United Kingom
[edit] London
- Bromley (formerly Nicholsons)
- Clapham Junction (formerly Allders Clapham Junction / Arding & Hobbs)
- Croydon (formerly Kennards)
- Eltham
- Harrow (formerly Sopers)
- Hounslow
- Ilford (formerly Allders Ilford / Owen Owen Ilford)
- Oxford Street (formerly Marshall & Snelgrove)
- Romford (formerly Stones)
- Sutton (formerly Allders Sutton / Shinners)
- Uxbridge
- White City, Westfield London
- Wimbledon
[edit] Wales
- Bangor (relocated store opened 2008)
- Cardiff
- Carmarthen (opening in 2010)
- Llandudno
- Merthyr Tydfil, Desire by Debenhams
- Newport (opening in 2009)
- Swansea
- Llanelli
- Wrexham
[edit] South East England
- Ashford
- Basildon (formerly Allders Basildon)
- Basingstoke
- Bedford (formerly E P Rose)
- Brighton
- Broadstairs, Westwood Cross
- Canterbury (formerly William Lefevre)
- Chatham (formerly Allders Chatham)
- Chelmsford (formerly Bonds)
- Colchester
- Crawley (formerly Owen Owen Crawley)
- Eastbourne (formerly Bobbys Eastbourne)
- Farnborough
- Folkestone (formerly Bobbys Folkestone)
- Gravesend
- Guildford (formerly Plummer Roddis Guildford)
- Hastings (formerly Plummer Roddis Hastings)
- Hemel Hempstead
- Luton
- Milton Keynes
- Newbury
- Northampton (formerly Adnitt Brothers)
- Orpington, Desire by Debenhams
- Portsmouth (formerly Allders Portsmouth / Landport Drapery Bazaar)
- Reading (formerly Wellsteeds)
- Slough (formerly Allders Slough / Owen Owen Slough / Suters)
- Southampton (formerly Edwin Jones)
- Southend-on-Sea
- Southsea (formerly Handleys)
- Staines (formerly Kennards Staines)
- Walton-on-Thames, Desire by Debenhams
- Welwyn Garden City, Desire by Debenhams
- West Thurrock Lakeside
- Winchester (formerly Sheriff & Ward)
- Woking (formerly Allders Woking)
- Worthing (formerly John K Hubbard)
[edit] South West England
- Bath (opening with the completion of the Southgate redevelopment in 2010)
- Bournemouth (formerly Bobbys Bournemouth)
- Bristol (formerly Jones)
- Exeter (formerly Bobbys Exeter / Green & Son)
- Plymouth
- Salisbury (formerly Style & Gerrish)
- Swindon
- Taunton (formerly W & A Chapman)
- Torquay (formerly Bobbys Torquay)
- Truro, Desire by Debenhams
- Weymouth(New speciality building two floors and cafe)
[edit] Central England
- Banbury
- Birmingham, Bull Ring
- Birmingham, The Fort Shopping Park, Desire by Debenhams
- Cambridge
- Cheltenham
- Coventry
- Derby (formerly Ranbys)
- Dudley, Merry Hill
- Gloucester
- Great Yarmouth (opening as part of Market Gates Shopping Centre expansion in 2008)
- Hanley (formerly Lewis's Hanley)
- Hereford (no Debenhams store exists in the city but the 'Intermissions' restaurant located in the Maylord Shopping Centre is owned and operated by Debenhams)
- Ipswich (formerly Footman Pretty)
- Kidderminster
- King's Lynn (formerly Jermyns)
- Leicester
- Lincoln
- Mansfield
- Norwich (formerly Curls / Curl Brothers)
- Nottingham (formerly Griffin & Spalding)
- Nuneaton (formerly Smiths)
- Oxford (formerly Elliston & Cavell)
- Redditch (100th UK store to open)
- Stratford-upon-Avon (formerly Smiths Stratford-upon-Avon)
- Telford
- Walsall
- Wolverhampton (opening in 2012)
- Worcester (formerly Simes)
[edit] Yorkshire
- Barnsley (opening with completion of Markets complex c.2011)
- Bradford (opening with completion of Broadway shopping centre)
- Doncaster, Frenchgate Centre
- Harrogate (formerly Marshall & Snelgrove Harrogate)
- Hull (formerly Thornton Varley)
- Ilkley (concession within Westgate Department Store)
- Keighley (concession within Westgate Department Store)
- Leeds, Briggate (formerly Matthias Robinson Leeds)
- Leeds, White Rose
- Scarborough (formerly Marshall & Snelgrove Scarborough)
- Sheffield (formerly Pauldens)
- Sheffield, Meadowhall
- Skipton (concession within Westgate Department Store)
- York (formerly Marshall & Snelgrove York)
- York Monks Cross (opens 2009)[9]
[edit] North East England
- Gateshead, MetroCentre
- Middlesbrough (formerly Newhouse)
- Newcastle upon Tyne, Eldon Square (opening in 2010)
- South Shields, Desire by Debenhams
- Stockton-on-Tees (formerly Matthias Robinson Stockton-on-Tees)
- Sunderland
[edit] North West England
- Altrincham, Desire by Debenhams
- Barrow-in-Furness
- Blackburn
- Blackpool
- Bolton
- Bury (opening in 2010)
- Carlisle
- Chester, Browns
- Crewe (opening in 2013)
- Liverpool (Liverpool One)
- Macclesfield (opening in 2014)
- Manchester (formerly Rylands)
- Manchester, Trafford Centre
- Oldham
- Preston
- Southport (formerly Marshall & Snelgrove Southport)
- Stockport
- Warrington
- Wigan (formerly Pendleburys)
- Workington
[edit] Scotland
- Aberdeen
- Ayr
- Dundee
- Dunfermline
- East Kilbride
- Falkirk, Desire by Debenhams
- Edinburgh (Princes Street)
- Edinburgh (Ocean Terminal)
- Glasgow (Argyle Street) (Formerly Lewis's Glasgow)
- Glasgow, Silverburn Centre
- Inverness
- Kirkcaldy, Desire by Debenhams
- Livingston
- Perth
- Stirling
[edit] Northern Ireland
- Bangor (Opening as part of the Queens Parade Complex)
- Belfast, Westfield CastleCourt
- Craigavon, Rushmere Shopping Centre
- Derry, Foyleside Shopping Centre
- Newry, The Queys Shopping Centre
- Ballymena, Fairhill Shopping Centre
[edit] International Stores
[edit] Bahrain
[edit] Cyprus
- Larnaka, Zenon
- Limassol, Apollon
- Limassol, Olympia
- Nicosia
- Nicosia, Central
- Nicosia, Ledra
- Nicosia, The Mall of Cyprus
- Pafos, Kinyras
- Pafos, Korivos
[edit] Czech Republic
[edit] Iceland
- Kópavogur, Smáralind(Mall)
[edit] India
[edit] Indonesia
- Jakarta, Senayan City
- Tangerang, Supermal Karawaci
[edit] Iran
[edit] Ireland
[edit] Jordan
- Amman, City Mall
[edit] Kuwait
- Sharq Mall
- Kuwait Airport
- The Avenues Mall
[edit] Malaysia
[edit] Philippines
- Makati City, Glorietta 4, Rustans Department Store
- Mandaluyong City, Shangri-La Plaza Mall
- Quezon City, TriNoma
[edit] Qatar
[edit] Republic of Moldova
- Chişinău, Shopping Mall Dova
[edit] Romania
[edit] Saudi Arabia
[edit] Turkey
[edit] United Arab Emirates
[edit] References
- ^ a b c d e f g h i Debenhams History
- ^ Retail Department Stores
- ^ Belinda Earl interview
- ^ Just what does Debenhams have to offer?
- ^ a b Debenhams: About us
- ^ Debenhams Interim Results page 3
- ^ Houndshill Shopping Centre
- ^ Catwalk Queen
- ^ The Press - Retailers vie for Best Sites in York
- ^ Debenhams 'to open first store in Iran'

