House of Fraser calls in turnround specialist KPMG
The future of two established North West stores are in doubt as department store group House of Fraser became the latest retailer to hit problems.
The Glasgow-based group, which operates stores on Manchester's Deansgate and in Birkenhead, has appointed turnround specialist KPMG to advise on its restructuring plan, which the retailer warns could lead to store closures and job losses.
House of Frase has 59 stores and 6,000 staff, as well as 11,500 concession staff.
Reports claim the group is considering all options, including a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
