Sports Direct has blamed Harrods for the closure of its Milton Keynes House of Fraser, which will see the loss of 172 jobs just before Christmas.
The department store chain’s owner said the owner of its store in the MK Centre in Milton Keynes, Harrods and its managing director Michael Ward, decided to take the store back, resulting in 172 job losses “and a significant amount of vacant space” in the centre.
The retailer said it “made multiple offers to both stay and invest in the entire store, or alternatively to take the part of the store which will now be vacant” but have “yet to receive formal acceptance” from Harrods.
As a result, it said it had been left “with no choice but to announce the closure of the store on January 31” causing a “devastating” number of redundancies.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.