Tag : House of Fraser
Department store numbers fall by quarterSubscription
The number of large department stores in England has been slashed by a quarter in less than a decade, new research has shown.
House of Fraser CVA faces backlashSubscription
A group of landlords are set to challenge department store House of Fraser to demand better terms as it tries to push through rent cuts and shop closures according to The Times.
Save the high street! It’s a cry we have heard for many years that continues as many big high street names struggle.
Helen Dickinson, chief executive of the British Retail Consortium, tells Drapers how the government can ease the pressure on the high street.
Retailers have reiterated calls for government intervention to help the high street amid concerns regional towns will be left reeling from a wave of store closures.
House of Fraser Group revealed a loss of nearly £44m for the year to December 31, compared with a profit of £1.5m in 2016, as one-off start-up and operating costs in China dented revenue.
What caused Calvetron's collapse? Subscription
Drapers investigates why Calvetron Brands went into administration for a second time.
Sports Direct in House of Fraser legal actionSubscription
Sports Direct has launched legal action against House of Fraser ahead of its proposed company voluntary arrangement.
House of Fraser stores hit by rates hike Subscription
House of Fraser’s London stores were subject to soaring business rates following the government’s revaluation last year.
HoF CVA ‘inevitable’, say industry sources Subscription
Retailers, landlords and industry observers have said House of Fraser’s planned company voluntary arrangement (CVA) was “inevitable”, but warned the department store chain needs “serious investment” if it is to turn around successfully.