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Up to 6,000 jobs are under threat after embattled department store chain House of Fraser announced 31 of its 59 stores are set to shut across the UK and Ireland as part of a rescue plan. House of ...
House of Fraser and Frasers are a British department store chain with 26 locations across the United Kingdom and 2 in Ireland, part of Frasers Group. It was established in Glasgow, Scotland in 1849 as Arthur and Fraser. By 1891, it was known as Fraser & Sons. The company grew steadily during the early 20th century and in 1936 began a period of ...
The opening of Dundrum Town Centre in Dublin's suburbs saw the arrival of two more British stores, House of Fraser and Harvey Nichols. The Woolworth chain store had major presence from the early twentieth century until 1984, when its stores in Ireland closed their doors for the last time. [18]
The Baird group was purchased by House of Fraser in 1970 with the Hamilton store relocated to a new building later the same year. The Bairds stores, including Hamilton, were renamed Arnotts in 1982. House of Fraser sold the Hamilton store in 1989 to a management buyout led by Murdoch McMaster, after which the store reverted to the Bairds name.
In January 2021, it was announced that the Jenners House of Fraser store in Edinburgh was closing for good and 200 jobs would be lost. [71] In February, Frasers offloaded their 25% stake in French Connection. [72] In April 2021, the group announced it had doubled the hit it expects to take from the coronavirus pandemic to £200 million. [73]
House of Fraser itself was acquired by Icelandic investment company, Baugur Group, in late 2006, and then by Sports Direct on the 10 August 2018. [2] The Victoria Street department store, finally trading under the name, House of Fraser, was situated in the City of Westminster, to the south of St. James's Park. It is the only department store to ...
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