Nice move by Mike Ashley - he picked the business at a bargain price the minute it went into administration: https://www.bbc.co.uk/news/business-45140874
House of Fraser Bought for £90 Million
Nice move by Mike Ashley - he picked the business at a bargain price the minute it went into administration: https://www.bbc.co.uk/news/business-45140874
I wonder just what his plans are? I can't see the businesses merging or coming under a common banner, so I guess they'll still be run separately. Which then begs the question what will he do differently to prevent a repeat of the recent past?
Of course it'll fit, you just need a bigger hammer.
Lately I heard that Debenhams are planning a merger with HOF.
I'd not picked up on that Margaret, but Debenhams are having a few problems at the moment. They've issued several profits warnings, but I suspect that's a smokescreen for cash-flow problems. I really wonder just how strong their business actually is?
Of course it'll fit, you just need a bigger hammer.
Potential new uses for the building in Leamington, should House of Fraser close: https://www.leamingtoncourier.co.uk/...gton-1-8745793
HoF are not doing very well at all at the moment. I hope Ashley hasn't bitten off more than he can chew.
Of course it'll fit, you just need a bigger hammer.
2 floors of the building have been rented out to a video games company: https://www.coventrytelegraph.net/ne...gtons-24003228Originally Posted by Lex
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