Is House of Fraser closing down? Full list of store closures in 2023 | The Sun

HOUSE of Fraser is pulling down the shutters on another store following a string of closures.

The retail giant has been a familiar face on the high street for some time but its presence is slowly diminishing.

Is House of Fraser shutting down?

House of Fraser was saved from collapse by billionaire businessman Mike Ashley back in 2018.

But while the deal saved the chain's 59 stores and 17,000 workers who were facing the axe, a number of its stores have closed in recent years.

There are now only 30 department stores left in the UK.

Which House of Fraser stores are closing?

House of Fraser confirmed to The Sun that its store in Solihull will close on Monday, August 28, while its branch in Guildford will shut on Saturday, September 30.

In February, the chain turned its store in Birmingham into an outlet and closed its iconic store in the Howells building in Cardiff.

In January, it closed its department store in High Wycombe, two months after its store in Westfield Shepherd's Bush closed for the last time.

Why is House of Fraser shutting shops?

A Frasers Group spokesperson said earlier this year: "We are big believers in the British High Street. When we bought House of Fraser out of administration in 2019, we knew we would have to make some tough decisions to secure its long-term, sustainable future.

"Whilst a number of House of Fraser stores are closing, we are also investing heavily in many others across the UK and by the end of this year will have opened over 10 Frasers stores since acquiring the business."

Soaring inflation has left shoppers strapped for cash, and retailers are struggling to get customers to part with their hard-earned money.

High energy costs and a shift to online shopping are also taking a toll and many brands just haven't been able to keep going.

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