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Friday, July 19, 2019

House of Fraser Nottingham saved by intu deal with Sports Direct

PUBLISHED:

A deal between Sports Direct and intu saves Nottingham’s House of Fraser store.

Mike Murray, Head of Elevation at Sports Direct, 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.

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“This is great news for over a thousand employees whose jobs have now been saved.

“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.”

In November 2018, the business had announced its Nottingham branch was one of four that would close in the New Year.

Nigel Wheatley, General Manager at intu Victoria Centre, said: “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.

“We confirm that following constructive discussions with SportsDirect, we have reached an interim agreement on four House of Fraser stores at intu Chapelfield, intu Lakeside, intu Metrocentre and intu Victoria Centre.”

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