The Jenners House of Fraser store based at Loch Lomond Shores has not been listed for closure following the announcement of the upcoming closure of 31 of the company’s stores.
Currently, House of Fraser operates 59 leased stores across the UK, however it was announced at the beginning of the month that the company has filed for Company Voluntary Arrangements (CVAs). Up to 2000 employees will be affected.
The closest stores to the area that have been identified for closure are situated in Carlisle and Edinburgh.
Frank Slevin, Chairman of House of Fraser, said: “The retail industry is undergoing fundamental change and House of Fraser urgently needs to adapt to this fast-changing landscape in order to give it a future and allow it to thrive.
Our legacy store estate has created an unsustainable cost base, which without restructuring, presents an existential threat to the business.
So whilst closing stores is a very difficult decision, especially given the length of relationship House of Fraser has with all its locations, there should be no doubt that it is absolutely necessary if we are to continue to trade and be competitive.”
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here