The fortunes of House of Fraser, one of the 海角视频's best loved department stores, has been in the balance for a number of years.
Founded in Glasgow, Scotland, in 1849, the company grew steadily during the early 20th century becoming one of the 海角视频's most recognisable brands.
But it had been struggling to find its way for a number of years, retail insiders said that its demise was partly down to confusion over its target market and its inability to move with the times in the fast-moving world of e-retailers.
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In a , it is the online players that have quickly become dominant with and Asos .
House of Fraser was the first to fall - it collapsed into administration in August 2018 and was quickly snapped up by Sports Direct, which was rebranded as Frasers Group in December 2019.
At the time, boss Mike Ashley said he wanted to make House of Fraser the “the Harrods of the high street”.
But he too admitted that the outlook for the High Street was more challenging than he first anticipated.
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Of the 59 stores he acquired, .
And with even more casualties in the pandemic, what will fill these huge voids on the High Street?
A Government consultation proposing a new Permitted Development Right (PDR) – to enable more commercial, business and service premises on our high streets to be converted into residential without planning permission – ended in January 2021.
The proposal has been positioned as supporting new housing delivery, and part of the solution to the challenges facing 海角视频 town centres and high streets.
But the British Property Federation believes the policy will only exacerbate the decline of the high streets, far outweighing any positive contribution to new housing supply.
Ian Fletcher, Director of Real Estate Policy, British Property Federation, said new residential development will play a vital role in town centre recovery but warned against quick delivery of new homes in a piecemeal approach.
He said: “An holistic approach to a high street’s future will ensure new homes are planned for, to ensure the right balance is achieved between residential and the other offers – whether that be shops, gyms, restaurants, nurseries, soft play for kids and sports halls – so that every business and new home support one another, to create coherent and thriving neighbourhoods."
What's happening next to House of Fraser stores:
ALTRINCHAM
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The Altrincham House of Fraser store, known locally as Rackhams, closed at the end of August 2020.
Around 50 jobs were affected by the move, which came in the same year as the town centre's Debenhams also shut up shop.
New uses are now being explored for the site, which could soon be transformed into flats along with office space and retail units.
Plans were put forward in 2019 by the building's owner to convert the existing 60,000sq ft store into a mixed-use development.
BIRKENHEAD
House of Fraser's Wirral store based in Birkenhead town centre was bought by the council after it closed in March 2020.
It was announced in January 2021 that Wirral Council had purchased the prominent building for £2m as part of plans to regenerate the area.
The building will now be incorporated into the council’s vision to create a more accessible central business district in Birkenhead, with modern office buildings set within communal green space.
The purchase, the council said, means it will not remain empty in the long-term, and not left open to third-party development.
In January, it opened as a symptom-free Covid testing centre.
BIRMINGHAM
House of Fraser occupied one of Birmingham's most prominent retail buildings in Corporation Street, overlooking the city's cathedral and a stone's throw from the main New Street station.
It continues to trade as a high-end department store having welcomed another of Mike Ashley's brands, cycle retailer Evans, which took over space on the ground floor.
Just over two years ago, city planning chiefs gave the green light for landlord Legal & General to carry out a massive regeneration of the building to create new offices, a roof terrace overlooking the cathedral, hotel and space for retailers and leisure uses.
CARDIFF
The House of Fraser store in Cardiff continues to operate from the Grade II-Listed Howells building in the city centre.
However the building is on the verge of being bought by a developer and completely renovated.
Business Live revealed in November 2019 that the building required £25m of work to make it safe, forcing the building to be put on the market.
At present, House of Fraser is the only tenant of the 270,000 sq ft building.
It is not known if the new owners will keep House of Fraser as a tenant once it takes over. The new owners are yet to be identified but it is understood the site will split into a mix of retail, office, leisure and hospitality.
EDINBURGH
House of Fraser was founded in Scotland, becoming ' a humble Drapery shop in Victorian Glasgow to internationally inspirational department store' in 150 years.
There were two in Edinburgh - a not so grand one down the west end of Princess Street which is and set to open this summer.
The eight-storey site in the former Frasers building on Princes Street will feature rooftop bars, private dining areas as well as hosting tours, tasting experiences, and live performances.
The project is part of a £185m investment in whisky tourism by drinks giant Diageo.
The grand old Jenner's branded building down the east end of the same high street, .
failed to reach an agreement with building owners Anders Polvsen to continue the lease on the building. Anders Polvsen is the main shareholder in Asos.com, which has , and owns large swathes of the Highlands where he is undertaking a rewilding project.
The House of Fraser department store is expected to cease trading on May 3. The shop has been a landmark on Princes Street for the last 183 years, previously trading as an independent shop until it was acquired by House of Fraser in 2005.
EXETER
Work is underway to create a boutique hotel at the former House of Fraser store for one of the world's leading companies - InterContinental Hotels Group (IHG).
The High Street store closed in November 2019 - since then wealth management firm Prydis, has had control of the building and in September confirmed it had struck a franchise deal with IHG for its boutique brand Hotel Indigo.
IHG operates the Crowne Plaza and Holiday Inn brands, among many others, and already has the Holiday Inn Express in Exeter city centre.
Prydis said the deal emphasises the robustness of the hotel market, and will capitalise on the staycation market trend post-Covid and the positive growth potential for the South West region.
The £30m redevelopment scheme was given planning permissions in 2019 to convert the department store building into a on the High Street.
It is set to open in summer 2022.
Gloucester
Debenhams’ former King’s Square store closed in May 2021 after the brand was sold to online fashion retailer Boohoo in a £55m deal in January 2021.
It is set to be transformed into the new city centre campus for The University of Gloucestershire.
Planning permission has been granted for the redevelopment of the 1930s art deco building into a learning space for its staff and students.
The academic institution said, once complete, the building will house nearly 4,000 students and 350 staff - benefitting retailers, hospitality businesses and leisure venues in and around Gloucester city centre. It estimates it will bring around £86m to Gloucester’s economy and create more than 1,200 jobs.
Construction work is scheduled to begin on site in May, with investigation, enabling and strip-out works already underway.
GRIMSBY
Grimsby’s House of Fraser was given a stay of execution when the closure plan was overturned in a brief U-turn under Mike Ashley, but the landlord called time on a period of ‘free trading’ granted to the retail magnate.
A wind-down was prematurely ended by the first lockdown.
The 64,000 sq ft store has been taken on by emerging concession operation 15-17. Plans to open have been hit by the ongoing coronavirus measures, with a date still awaited.
HULL
House of Fraser enjoyed years of strong trading on both banks of the Humber, with prominent stores in both Hull and Grimsby.
First to close was the city store in Hull in August 2019. It was acquired by local developers, has .
An artisan food hall and more retail is the plan for the first two floors with office and living space on the third and fourth. City telecoms contact centre specialist ResQ has already committed to it to serve an extended Vodafone contract.
LLANDUDNO
The Debenhams store at Parc Llandudno retail park closed in spring 2021.
Now, Marks and Spencer has confirmed when it will open at the site, moving from the city centre on Mostyn Street.
The brand confirmed the opening date will be Wednesday March 16. They are creating another 50 jobs in the process, taking total job numbers to over 160.
This will be good news for the retail park which was hit badly by the pandemic but will leave a large gap on the high street.
M&S said it was the "very first store of its kind in Wales" with a "fresh-market-style Foodhall" and a 119-seat digital café.
PLYMOUTH
When Sports Direct mogul Mike Ashley stepped in to rescue House of Fraser in 2018 it meant the Plymouth store was saved from imminent closure.
Soon after, Plymouth City Council confirmed House of Fraser, landlord British Land and the council had struck a 12-month rent deal to make it more “cost effective” for the retailer to remain in situ.
That deal is understood to have been extended but only until 2020.
Dingles restaurant on the top floor was closed when its parent company entered administration owing more than £1.5million in March last year.
Its parent firm, Sheffield-based catering chain Massarella Gelaterie Ltd, blamed the coronavirus crisis for the downturn. Staff prior to the department store’s reopening after the first lockdown on June 16.
Massarella Gelaterie ran restaurants in 32 House of Fraser stores, many under the Cafe Zest branding.
TAUNTON
The flagship Debenhams store in town centre was one of 124 to close after the 242-year-old brand was bought by online fashion retailer Boohoo in a £55m deal in January 2021
Prior to its eventual closure in May 2021, developer Ropemaker Properties and turn it into apartments with commercial ground floor space, parking and associated landscaping.
The move has been y which argues that the building could be sympathetically converted and makes a great contribution to the streetscape.
Elsewhere in the town, an office block once used by Debenhams admin staff has been put on the market with a guide price of £3.25million.
Bedford House in Taunton was home to hundreds of the department store chain's administrative staff until the retailer went into administration and is now vacant.
The property on Park Street could be redeveloped into housing, with an application for change of use submitted last August and given prior approval for a combination of 69 one and two bedroom apartments.
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