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The Oracle is a large indoor shopping and leisure mall on the banks of the River Kennet in Reading, Berkshire, England. Partly on the site of a 17th-century workhouse of the same name , it was developed and is owned by a joint venture of Hammerson and the Abu Dhabi Investment Authority .
In 1999 a major new shopping and leisure centre, The Oracle, opened behind the store. Among its many shops at the time were department stores Debenhams and House of Fraser, thus increasing the level of competition in Reading. On Sunday 2 September 2001, as part of a wider company rebranding, the store's name was changed from Heelas to John Lewis.
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 upper level of The Oracle. Reading town centre is a major shopping centre. The primary catchment area for the town centre (the area for which the centre attracts the largest single flow of generated expenditure) for non-bulky comparison goods extends as far as Goring-on-Thames, Henley-on-Thames, Pangbourne and Wokingham.
Hugh Fraser, 1st Baron Fraser of Allander (15 January 1903 – 6 November 1966), was the grandson of Hugh Fraser I, and the father of Sir Hugh Fraser, 2nd Baronet. He inherited his father's shop and built it into the large retail chain now known as House of Fraser .
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Fraser then went into partnership with Alexander McLaren to develop the retail side of the business and expanded it into one of the largest stores in Glasgow. [ 1 ] Fraser died in 1873 leaving his business to whichever of his five sons decided to take up a share in it: in the end three sons, one of whom was the father of Hugh Fraser, 1st Baron ...
There are three major department stores in Reading: John Lewis & Partners (known as Heelas until 2001), [109] Debenhams (now closed down), and House of Fraser. [110] The Broad Street branch of bookseller Waterstone's is a conversion of a nonconformist chapel dating from 1707. [111]