Future of Perth city centre department store hangs in the balance
dailyrecord.co.ukThe future of a Perth city centre department store is hanging in the balance with Debenhams looking to file for administration after the coronavirus lockdown forced it to shut its shops across the UK.A “light touch” administration is being sought to protect Debenhams from legal action from creditors while its department stores are closed.It will be the second time in a year that the troubled retailer has filed for administration with the High Street outlet managing to survive a round of store closures last April.Debenhams boss Stefaan Vansteenkiste said the latest move could give the Perth store, and all the other sites, the best chance to reopen “when government restrictions are lifted.”“We have taken this step to protect our business, our
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