The recent announcement of the closure of House of Fraser’s historic Kendals department store in Manchester sent shockwaves through the local community. The beloved store, a staple of the city’s shopping scene since the 1830s, was in jeopardy due to the inability to secure a more favorable rental deal with the landlord. The looming closure threatened nearly 568 jobs and left many residents saddened by the potential loss of an iconic establishment.
Fortunately, the local council stepped in to mediate discussions between House of Fraser and the landlord, resulting in a new agreement that will keep the Kendals store open. This successful intervention not only preserves hundreds of jobs but also ensures the continuation of a significant piece of Manchester’s retail history. The collaborative efforts between all parties involved highlight the positive impact that can be achieved through cooperation and negotiation.
Mike Ashley, the owner of Sports Direct, which acquired House of Fraser last year, expressed his satisfaction with the outcome of the negotiations. He emphasized the importance of landlords, local authorities, and retailers working together to support the high street and protect cherished stores like Kendals. The resolution of the Kendals store crisis serves as a beacon of hope for other struggling House of Fraser branches, demonstrating that with concerted efforts, closures can potentially be avoided.
The news of Kendals’ rescue comes as a relief to Manchester residents, who can continue to enjoy the historic department store for years to come. The significance of this victory extends beyond just one store, as it signifies the resilience of the high street and the importance of preserving community landmarks. As negotiations continue for the remaining House of Fraser outlets, the successful outcome in Manchester serves as a promising precedent for the future of the retail chain.
For more information on the House of Fraser’s Manchester store rescue, please visit BBC News and Manchester Evening News.
