{"id":6584,"date":"2019-01-22T13:18:52","date_gmt":"2019-01-22T13:18:52","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/four-more-house-of-fraser-stores-saved\/"},"modified":"2019-01-22T13:18:52","modified_gmt":"2019-01-22T13:18:52","slug":"four-more-house-of-fraser-stores-saved","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/four-more-house-of-fraser-stores-saved\/","title":{"rendered":"Four more House of Fraser stores saved"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"House of Fraser store\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/34F7\/production\/_105295531_hof_getty.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">House of Fraser stores in four shopping centres owned by Intu have been saved following talks with the department store chain&#8217;s owners, Sports Direct.<\/p>\n<p>The stores at Chapelfield in Norwich, Lakeside in Thurrock, Metrocentre in Gateshead and Victoria Centre in Nottingham <a href=\"https:\/\/www.bbc.co.uk\/news\/business-46209147\" class=\"story-body__link\">had been earmarked to close.<\/a><\/p>\n<p>An Intu spokesperson said there had been &#8220;constructive discussions&#8221; and &#8220;an interim agreement&#8221; had been reached.<\/p>\n<p>Sports Direct bought House of Fraser after it went into administration.<\/p>\n<p>The 169-year-old chain failed to reach an agreement with its creditors in August last year.<\/p>\n<p>At the time, Sports Direct chief executive Mike Ashley pledged to save about 47 of the retailer&#8217;s 59 outlets.<\/p>\n<p>By mid-November he had done deals to save at least 20 stores, protecting about 3,500 jobs, but at least eight were due to close.<\/p>\n<p>A previous restructuring plan had proposed to close 31 stores, but that plan was abandoned following Sport Direct&#8217;s takeover.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46550174\" class=\"story-body__link\">House of Fraser revival &#8216;challenging&#8217;<\/a><\/li>\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45127423\" class=\"story-body__link\">House of Fraser: Five things that went wrong<\/a><\/li>\n<\/ul>\n<p>The Intu spokesperson told the BBC: &#8216;We are committed to working with all our retailers to ensure they are perfectly placed to showcase their brands and draw in shoppers. Our high-footfall winning destinations are designed to help all our tenants flourish.&#8221; <\/p>\n<p>House of Fraser stores in <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-cornwall-46866715\" class=\"story-body__link\">Exeter,<\/a><a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-humber-46672360\" class=\"story-body__link\">Hull<\/a> and <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-merseyside-46405320\" class=\"story-body__link\">Manchester<\/a> were all recently saved, but <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-shropshire-46851150\" class=\"story-body__link\">its branch in Shrewsbury closed last week<\/a> and<a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-birmingham-46470750\" class=\"story-body__link\"> the future of its Birmingham outlet remains uncertain.<\/a><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46959813\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images House of Fraser stores in four shopping centres owned by Intu have been saved following talks with the department store chain&#8217;s owners, Sports Direct. The stores at Chapelfield in Norwich, Lakeside in Thurrock, Metrocentre in Gateshead and Victoria Centre in Nottingham had been earmarked to close. An Intu spokesperson said there &hellip; <\/p>\n","protected":false},"author":0,"featured_media":6585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=6584"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/6585"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=6584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=6584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=6584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}