Debenhams CEO: Fifty stores 'could close'

The CEO of Debenhams has said that there are 50 stores which could close because they could become unprofitable. Sergio Bucher said that "these stores only represent about 15 per cent of our turnover" and promised to "work very hard to minimise the amount of store closures and the amount of job losses." The closure of 50 high street shops would put around 4,000 jobs at risk. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn