Sports Direct and FI Real Estate Management (FIREM) have reached a deal to keep House of Fraser’s Swindon store in The Brunel Shopping Centre open.
Revised terms for the two-storey site will ensure it will stay open and jobs will be protected.
Sports Direct initially announced in September it could not make a deal with FIREM and would be closing the branch.
A spokesperson for FIREM said: “There has been understandable concern about the future of House of Fraser and we are delighted to have agreed commercially viable terms that permit its continued presence at the Brunel. The determination of both parties to secure agreeable terms was fuelled by the knowledge of how pivotal this store is to the local economy and the people who live and work here. We look forward to working with the new management team to ensure the future success of the store.”