July 25, 2024

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Make Every Business

House of Fraser evicted from Oxford Street store

The retailer said: “If business rates were reviewed it would support the future of House of Fraser. Without this, further store closures are inevitable.”

It is the latest in a string of major names forced to close or downsize on Oxford Street after bricks-and-mortar retail was ravaged by lockdowns and the rise of the internet.

The nearby Debenhams shut after the chain went bust a year ago, and Frasers’ cash-strapped neighbour, John Lewis, is seeking to convert several floors into offices.

The House of Fraser site started life as DH Evans in 1879. The business was merged with House of Fraser as part of a wave of consolidation and the store was rebranded 20 years ago.