22 Jan Lakeside’s House of Fraser Store Saved From Closure
House of Fraser today announced that four stores earmarked for closure in early 2019 are now to stay open including the trendy Lakeside store at Intu Lakeside.
After further negotiations with INTU shopping centres the retailer has come to an agreement to continue occupying its four stores in Norwich, Metro Centre, Lakeside and Nottingham.
Mike Murray, Head of Elevation said: “After the stalled talks with INTU we are happy to announce that we have come to an agreement that will help secure the future of House of Fraser INTU stores in Norwich, Metro Centre, Lakeside and Nottingham. This is great news for over a thousand employees whose jobs have now been saved.”
HE added £We would like to thank INTU and all of our colleagues for their hard work and patience throughout the past five months. This shows further commitment to the high street and the turnaround of House of Fraser.”