Concerns mounting over future of department store group
Department store group House of Fraser – which has a flagship operation in Birmingham - is urging its landlords to be lenient and to reduce rents across its portfolio as it looks to stave off apparent financial woes.
Reports emerged over the weekend that the retail group was urging its landlords to be tolerant as fears grew that the company could be the latest big name retailer to suffer problems as a result of the tougher trading conditions.
Debenhams set the trend for the department store sector when it released poor Christm... 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...
