Retail block is being marketed for a third of what it last sold for in 2009
Retailer will take up 44,000 sq ft at former House of Fraser store
£132m project set to deliver “truly retro-first” redevelopment
Most of its department stores are “too big”, but it wants more malls
The store will close in January
Deal for refurbishment site worth more than £130m
Work to start in autumn
The new uses to which former shops and department stores are being put around the country
Retailer will vacate property in September
Move is part of a wide-ranging mixed-use strategy by landlord Unibail-Rodamco-Westfield
Ashley says some stores are paying zero rent but are unprofitable and unsustainable
Plans submitted to Westminster City Council would halve existing retail space