The Debenhams store has a retail history dating back 180 years.

Retail giant Debenhams is set to shut after last-ditch rescue attempts to save the 242-year-old chain failed.

An estimated 12,000 jobs will be lost nationwide with all stores to be closed soon, including one on Long Row, Nottingham.

The company has been in administration since April, but final bidder JD Sports have withdrawn their offer after a deal failed to be agreed.

One Twitter user said the closure was “very sad” and that it had been a “fixture of the Market Square for years and years”.

Some users expressed sympathy with the workers due to lose their jobs and one former student said that the store was “my second home when I was studying at Uni. That seemingly insignificant part-time role which financially pushed me through my early 20s.”

This closure was met with outrage in some quarters with Shadow Secretary of State for Business, Ed Miliband declaring it a “devastating day for the high street”.

The closure was also met with sadness by Nottingham South MP Lilian Greenwood, who said it was “sad news”.

Debenhams has been an established retailer for 242 years on UK high-streets.