- U.K. retailer Debenhams Plc (OTC:DBHSF, OTCPK:DBHSY) could rent out excess space in its London flagship store to WeWork (VWORK), according to Bloomberg sources.
- Debenhams wants to rent out parts of its 240 stores, which have become too large due to lagging brick-and-mortar retail sales.
- WeWork already stands as the top private-sector user of office space in London, according to CoStar Group.
- In other WeWork news, the company acquires online marking services company Conductor for undisclosed terms.
- Conductor uses online search data to help gear content based on user search demand.