Skip to content
Tuesday 1 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,761.61
-0.58%
DAX
26,007.30
-0.96%
CAC 40
8,314.98
-0.23%
STOXX 50
6,385.91
-0.53%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Friday 19 October 2018 2:21 pm  |  Updated:  Tuesday 21 May 2019 4:22 pm

Manchester’s iconic House of Fraser store is set to close after rescue talks break down

By: Jessica Clark

Add as a preferred source on Google

NULL

Another House of Fraser store has been axed after rescue talks with the landlord broke down, the company confirmed today.

The Kendals department store in Manchester's Deansgate will close down in the New Year.

Read more: Hamleys replaces finance chief after disappointing results

A spokesman for House of Fraser said: "We have suggested various options to the landlord that would have enabled us to save the store in Manchester.

"Sadly, these have been declined. We are now in consultation with staff about the fact that the store faces closure in the New Year."

An estimated 160 staff directly employed by House of Fraser will be affected, Manchester Evening News reported.

Last month Sports Direct owner Mike Ashley, who bought the beleaguered retailer for £90m in August, blamed "greedy" landlords for the potential closure of the Swindon, Hull and Edinburgh branches. 

Read more: Game Digital appoints former House of Fraser director as new finance chief

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Retail

Related Topics

Trending Articles

  • Jaguar reveals the Type 01’s screen-free interior

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • FTSE 100 Live: Stocks slide as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

  • Treasury ‘tells Healey’ to consider tax on banks and oil

More from Morning Wire

  • ‘Good growth in every postcode’? Not in Greater Manchester

    Economics
    Andy Burnham speaking in Manchester, showcasing leadership and urban development initiatives in the city.
  • Citi chief’s cowed Trump comments reveal corporate America’s tightrope

    Banking
    Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.
  • Burnham’s Thatcherism jibes are just tired socialist talking points

    Opinion
    Andy Burnham, Mayor of Greater Manchester, stands outside 10 Downing Street.
  • Citi boss fires warning at government over banking tax

    Banking
    Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.
  • Harvey Nichols will collapse without rescue deal, directors warn

    Retail
    Exterior view of the Harvey Nichols luxury department store building facade with prominent black lettering and ornate arch...
  • Who’s buying your business? Don’t wait until you’ve built it to decide – here’s why

    Partner
    Panelists Alison Stuckless, Howard Davies, Will Fraser-Allan, and Karim Palant at SCALE EXPO SUMMIT Day 2
  • JP Morgan boss issues bank tax warning to John Healey

    Banking
    JPMorgan Chase CEO Jamie Dimon
  • Hugo Boss urges investors to reject £1.7bn bid from Mike Ashley’s Frasers

    Retail
    Mike Ashley in a business suit at a corporate event, discussing strategic plans, surrounded by executives and media personnel
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook