House Of Fraser To Close 31 Stores And Axe 6,000 Jobs

Sara C Nelson
House of Fraser has been given approval by creditors to close 31 stores,

House of Fraser has been given approval by creditors to close 31 stores, resulting in up to 6,000 job losses.

The department store chain will undertake the 31 store closures through a Company Voluntary Arrangement (CVA), which will also allow it to secure rent reductions on its remaining shops.

Closures will affect up to 2,000 House of Fraser staff and a further 4,000 across brands and concessions.

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