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Three House of Fraser stores to close

House of Fraser has announced that three stores are set to close. These will include the retailer’s stores in Edinburgh, Hull and Swindon. The department store… View Article

DEPARTMENT STORES

Three House of Fraser stores to close

House of Fraser has announced that three stores are set to close. These will include the retailer’s stores in Edinburgh, Hull and Swindon.

The department store chain has also said that at least 20 stores have been saved through the agreement of new rent terms. This means around 3,500 jobs are now safe.

The news comes as Sports Direct boss Mike Ashley, who bought the department store chain out of administration, blamed “greedy landlords” for the store closures.

Ashley said: “I am disappointed that in my opinion a small number of greedy landlords still refuse to reasonable.”

House of Fraser recently agreed a deal with landlords of its flagship Oxford Street store in London to enable it to remain open.

Ashley added: “I would like to thank those landlords who have helped us to rescue approximately 3,500 jobs at the stores we have saved to date.

“I am calling on everybody to pull together, including landlords and local authorities, to help save as many House of Fraser stores and jobs as possible on the great British high street.”

 

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