Debenhams will insist that its turnaround plan is working, even though City analysts expect it to report a fall in annual pre-tax profits of 28% on Thursday.
Analysts have predicted that it will post pre-tax profits of £110.2m. The department store has attempted to revive its fortunes by reducing promotions and by signing deals with Costa Coffee, Mothercare, Sport Direct, and Monsoon for concessions in its stores.
Daily Telegraph Business, 3
