House of Fraser

Mike Ashley’s Frasers Group delays results for second consecutive year

Mike Ashley’s Frasers Group has announced it is to delay the publication of its annual results for the second consecutive…

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Debenhams cuts 2,500 jobs

Embattled department store chain Debenhams has cut 2,500 staff roles.  The retailer said that the job cuts, believed to be…

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Fraser Group warns of closures amid business rates valuation delay

Mike Ashley’s Fraser Group has warned that a number of its stores could shutter as a result of the Government’s…

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Frasers Group to stop rent payments until it can ‘freely trade’

Mike Ashley’s Frasers Group has reportedly told landlords that it will withhold rent payments until it is “fully able to…

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The perfect storm?

There is something of a ‘perfect storm’ for our town centres…  Fewer shops trading than a few months ago, big…

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Sports Direct managers say firm asked them to work while on furlough

Mike Ashley’s Sports Direct and House of Fraser firms reportedly asked store managers to work one day a week despite…

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What’s behind the demise of Cath Kidston?

Sadly, the coronavirus pandemic and subsequent shutting of high street stores has compounded the effects on the already struggling retail…

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Frasers Group to cut bosses’ salary to £40k amid April pay pledge

Mike Ashley’s Frasers Group has reportedly reduced the salary of its executive team to £40,000 and has pledged to pay…

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Brighthouse set to call in administrators

Rent-to-own home furnishings brand Brighthouse is reportedly set to call in administrators, placing around 2,400 jobs at risk.  According to…

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The changing face of retail in the age of digitisation

Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade.…

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