Mike Ashley plans to keep most of House of Fraser stores open

Billionaire Mike Ashley has revealed plans to keep 80 per cent of House of Fraser stores open.

in his first interview since saving the struggling department store chain, Ashley told The Sun that “in a year’s time you can hold my feet to the fire on that”.

The retail tycoon also reiterated that he wanted to turn House of Fraser into the ‘Harrods of the high street’: “In Harrods you get some exceptional services. What we would like to do is introduce a ‘concierge click and collect’ at House of Fraser.

“When you go online and say you want to collect goods in-store, you should be able to book a time, book a changing room and book a stylist.

“You get that kind of personal shopping service in a Harrods. There’s no reason why it couldn’t be rolled out nationally across House of Fraser.”