Mike Ashley set to close House of Fraser stores this week


Just days after its new owner Mike Ashley pledged to save 80 per cent of the struggling House of Fraser stores, it is now reported that around a dozen stores could be shut this week.

Ashley has blamed ‘greedy landlords’ for potentially triggering hundreds of job losses.

A spokesman for House of Fraser told media: “Some landlords are being very collaborative in order to give us a chance at turning the business around, giving House of Fraser a lifeline and saving hundreds of jobs.

“However, some greedy landlords would rather see the stores close than help save the jobs of hundreds of people.

“We will continue to try and convince these landlords but ultimately time is running out. Some closures will be announced.”