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A crucial Christmas in store for three besieged UK retailers

Among those chains with the most at stake are Debenhams, House of Fraser and New Look

Debenhams isn't yet under the financial stress of New Look or House of Fraser. But while the business generates cash and net debt is stable, demand isn't.


AFTER a year to forget for British retailers, investors are betting some of the UK's major chains now face a make-or-break holiday shopping season.

Among those with the most at stake are department-store operators Debenhams plc and House of Fraser Ltd, as well as fashion...

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