Debs to trial mini-stores
Published: 01 August, 2004
Debenhams is to test a new mini-format from the autumn.
The department store retailer, bought by Texas Pacific, CVC Capital and Merrill Lynch in December, is reported to be ready to trial four 15,000 sq ft stores.
If the trials are successful, Debenhams could open up to 120 units across the country.
The news came as Debenhams reported like-for-like sales up by 3.1 per cent in the 13 weeks to May 29. Trading profit in the last three months grew strongly by 39 per cent to £39m.
The newly-private company is aiming to open 19 UK stores over the next four and a half years.