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Debenhams to cut 320 store management jobs

Debenhams department store on Oxford Street in central London

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Department store group Debenhams is planning to cut 320 store management jobs as it tries to drive down costs.

The retailer said last month it was stepping up cost-cutting plans after it issued a profit warning because of disappointing trading over Christmas.

Debenhams said a review of its stores had identified “significant cost savings by reducing the complexity of management roles in stores”.

The 320 posts affected account for a quarter of store management roles.

“We are currently consulting with individuals affected and will seek redeployment opportunities where possible,” Debenhams said in a statement.

“We envisage our new structure being fully in place by the end of March.”

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