Impact of potential House of Fraser closure
02/08/2018 14:13:00......Posted by Mario Creatura
I've just asked Cllr Shahul-Hameed, Labour's economic Cabinet member, a question about the recent news that House of Fraser may be in danger of collapsing. You can read more about it online.
'For some months now there has been speculation about the future viability of House of Fraser, a business you'll know has a base in the Croydon Centrale Shopping Centre.
A planned rescue deal worth some £70m has recently collapsed, putting the business and its 6,000 direct members of staff nationally in danger of permanent closure.
Could you please outline what meetings you have personally had with House of Fraser to assess the impact of recent events on the Croydon store?
Could you please outline all that you are doing to try to safeguard the future of the store in Croydon?
Should House of Fraser fall into administration, can you release any information about what you understand will happen to replace its very large footprint in the Centrale Centre?
What impact willl the closure of House of Fraser have on the Westfield/Hammerson development that's currently in process?'