UK’s House of Fraser to close 31 stores, 6,000 jobs at stake

FILE PHOTO: People walk past a House of Fraser store in central London, Britain January 11, 2017. REUTERS/Stefan Wermuth

LONDON (Reuters) – British department store group House of Fraser said on Thursday it has proposed closing 31 stores in a move likely to result in 6,000 job losses. The restructuring plan would leave the group with just 28 stores in the United Kingdom. House of Fraser said it had on Wednesday filed proposals for […]

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