Coleman told Retail Week: 'My valedictory message to the market is House of Fraser has stronger like-for-like sales than its rivals and they are in-line with market expectations.'
He continued: 'In fashion, we have transformed from a dowdy group to always having the latest lines in-store and 63 per cent of space has been modernised. We have fantastic systems and logistics, with the strongest store roll out programme [of department stores] in the pipeline. We have also made two great acquisitions [Jenners and Beatties] and secured a great deal on our store card. This is why we have done well in the last 10 years.'
Coleman said he did not know whether Highland - an investment vehicle led by Baugur that intends to buy the company for 148p a share in cash, valuing the company at£351.4 million - would keep him on. But he said: 'I am very intent on staying and working for the business to accomplish more. Whatever happens, I will always wish this company the best.'
Coleman confirmed an announcement on the chief executive role is expected in November.