House of Fraser news: FULL LIST of stores set to close
HOUSE OF FRASER news: Company set to close stores across the country.
House of Fraser to close over half its stores
House of Fraser is set to close more than half its stores.
Thirty one of the stores will close, it has been announced.
Up to 6,000 jobs will be lost thanks to the plan implement in a bid to rescure the business.
Which stores are closing? Where will the closures be?
FULL LIST revealed below
Creditors of the company have backed the new plan, which stopped the business from entering administraion.
High street landlords were outvoted in the move.
The high street brand, which has been in operation for 169 years, has used a company voluntary arrangement (CVA).
This aims to help companies with debt prblems reach an agreed repayment structure over a set period of time.
On 7 June House of Fraser CEO Alex Williamson has said: “If we are to deliver a sustainable, long-term business supported by new liquidity then we need to make difficult decisions about our underperforming legacy stores.
"I am conscious that inaccurate speculation only feeds the ongoing uncertainty for my colleagues in the business and I reassure them we will share further news when we have it.”
House of Fraser’s latest statement reads: “House of Fraser reiterates its intention to propose a CVA in early June.
"The CVA is a condition of a transaction which will see international retailer C.banner acquire 51 per cent of House of Fraser from current parent company, Cenbest. This is entirely consistent with the statement made on 2 May."
The news comes after previous warnings on 3 May that the company was closing stores in the hopes of staying open.
House of Fraser news: FULL LIST of stores set to close in the UK
House of Fraser stores set to close
Altrincham
Aylesbury
Birkenhead
Birmingham
Bournemouth
Camberley
Cardiff
Carlisle
Chichester
Cirencester
Cwmbran
Darlington
Doncaster
Edinburgh Frasers
Epsom
Grimsby
High Wycombe
Hull
Leamington Spa
Lincoln
London Oxford Street
London King Willam Street
Middlesbrough
Milton Keynes
Plymouth
Shrewsbury
Skipton
Swindon
Telford
Wolverhampton
Worcester
House of Fraser stores set to remain open
Bath
Belfast
Bluewater
Bristol
Cheltenham
Croydon
Dublin Dundrum
Edinburgh (Jenners)
Exeter
Gateshead Metro Centre
Glasgow
Guildford
Huddersfield
Maidstone
Manchester
Nottingham
Leeds
Loch Lomond Shores (Jenners)
London Victoria
London Westfield
Reading (The Oracle)
Richmond
Rushden Lakes
Sheffield Meadowhall
Solihull (Beatties)
Sutton Coldfield
West Thurrock Lakeside