Intu’s four HoF stores will continue to trade after a new agreement on lease terms was reached
The billionaire asked for support with the challenges he sees in turning the company around
The redevelopment will deliver more than 365,000 sq ft of office space over nine floors
The Sport Direct chief executive has called for an online sales tax
The Sports Direct chief executive has requested to speak to MPs in person
The retailer cautioned that time was “running out” for some stores, and that it will announce “some closures” imminently.
Philip Day’s Edinburgh Woollen Mill group is in talks with a group of landlords to take over a number of House of Fraser stores.
Sports Direct has named CBRE as its sole adviser on all property matters relating to its acquisition of troubled department store House of Fraser.
The fate of all 59 stores – 7.7m sq ft of retail space, according to figures from Radius Data Exchange – is once again under the spotlight.
Once regarded as pivotal anchors in some of the country’s largest shopping centres and high street, the department store has struggled to adapt and reinvent in an age of retail…
Eleventh-hour discussions to save embattled department store chain House of Fraser have fallen through.
In a challenging period for the sector, House of Fraser has recorded sales of £1.3bn with like-for-like sales growth of 0.9% in the year to 28 January.