Jenners, long-standing as an iconic department store in the heart of Edinburgh, may be facing an uncertain future as owner Anders Holch Povlsen considers a major overhaul of the historic building’s purpose. Povlsen, a prominent figure in the retail industry, purchased the property for a substantial sum in 2017 with plans to redevelop it into a multifaceted destination that includes not only retail space but also a hotel, rooftop bar, and restaurant.
With a rich history spanning over 181 years, Jenners holds a special place in the hearts of locals and visitors alike. However, the current situation is complicated by the fact that Sports Direct, who acquired Jenners as part of the House of Fraser deal, holds the lease which is set to expire next year. Negotiations between Povlsen’s company and Sports Direct have so far not resulted in a clear path forward for Jenners.
The potential departure of Jenners from its longtime home raises concerns about the future of the brand and its presence in the city. Will it be integrated into the upscale Frasers department store chain or become a standalone entity once again? These questions remain unanswered as discussions continue regarding the fate of this beloved institution.
Plans for the building’s transformation include restoring its original facade to its former glory, a move that is sure to be welcomed by those who value the historical significance of the structure. While the exact timeline for these renovations is still uncertain pending approval from local authorities, it’s expected that work could begin as early as 2020 or 2021.
As the story of Jenners unfolds, the city of Edinburgh waits with bated breath to see what the future holds for this cherished department store. Will it be a rebirth into a new incarnation or a bittersweet farewell to a bygone era? Only time will tell.
To learn more about the history of Jenners, click here. For updates on the latest developments regarding Jenners and its potential transformation, visit this link.
