By  on April 19, 2018

LONDON – Two big British retailers are bidding farewell to top managers in what continues to be a trying period for bricks-and-mortar-focused brands in the U.K.

Against the backdrop of dismal first-half results, including an 85 percent decline in pre-tax profits to 87.8 million pounds, Debenhams said Thursday that its chief financial officer Matt Smith plans to leave the company.

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