The retail crunch added House of Fraser to its growing list of victims yesterday when the company confirmed plans to close stores as part of a restructuring that will put hundreds of jobs at risk.
The department stores group said that Nanjing Cenbest, which owns 89% of the company, had signed a conditional deal to sell a 51%t stake to C.Banner International Holdings, the Chinese retailer that owns Hamleys, the world famous toy store.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
