568 jobs saved at House of Fraser in Manchester
Was scheduled to close at end of January
House of Fraser in Manchester has been saved after renewed negotiations between the landlord and new owners, Mike Ashley’s Sports Direct.
New terms were agreed for the iconic Kendals store after Manchester City Council intervened in the process, meaning 568 staff will now keep their jobs.
“Today’s announcement is fantastic news for the city and I am proud that the council has been able to play a constructive role in saving a real Manchester icon and hundreds of jobs,” Manchester City Council leader Sir Richard Leese was quoted as saying by Retail Gazette. “This demonstrates that when landlords, local authorities and retailers work together the outcomes can be outstanding. When working together we can make a real difference to the high street.”