Record December sales for Debenhams

Department store Debenhams has hailed its best ever December performance after ramping up pre-Christmas discounting to attract cost-conscious shoppers.

The group, which has 155 UK stores and 73 overseas outlets, cut prices by up to 50% in one-day promotions on some products in what chief executive Michael Sharp said was the most competitive Christmas in his 37-year career in retail.
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