House of Fraser fury over Oxford Street closure

House of Fraser Oxford Street with shoppers outside (blurred)

House of Fraser owner Frasers Group has reacted angrily after its flagship Oxford Street store was served notice to quit the premises.

The famous House of Fraser store on London’s busiest shopping street is to be converted to offices, it was revealed earlier this week.

The department store will shut its doors for the last time in January 2022.

However, the retailer, owned by tycoon Mike Ashley, claimed that the store could have survived were it not for the archaic business rates system.

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