Centrale’s House of Fraser saved – for now – from closure
Great shame that such household have to face not having an outlet on the high street
M.T. WALLETTE, our retailing correspondent, on the latest piece of almost good news for Croydon town centre, as the chairman of one department store talks of the ‘existential threat’ to business on the High Street
Croydon’s House of Fraser has been given a reprieve, as the company named its 31 stores to close
Croydon’s House of Fraser, the town centre’s last remaining West End-style department store, was given a reprieve this morning when it was not listed for closure as part of its parent company’s attempts to stay in business.
But the Croydon store’s future is by no means secure, and much will depend on what deals can be cut over rents with its landlords at Centrale, and the outcome of a crucial vote by creditors on June 22.
House of Fraser announced this morning that it is to close 31 stores, including its flagship Oxford Street store, as part…
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