Debenhams to rent flagship store space to hot deskers

In the latest sign of retailers battening down the hatches Debenhams is considering renting space in its flagship London department store to a hot desking firm. The retailer is in talks to rent floor space to flexible-office provider WeWork, as it looks to scale back its high street presence. Last year Debenhams chief executive Sergio Bucher announced a shake-up of the 240-store chain that would close 10 shops, downsize others and strike partnerships with outside firms. It has already teamed up with Sweat! to open three gyms in surplus space. Click here for the full Guardian article