Mike Ashley’s House of Fraser served notice to quit town centre store

Mike Ashley
The landlord of the House of Fraser department store in Altrincham has served notice on owner Mike Ashley to quit. Rackhams was due to close last year but was part of the rescue deal put together by the Newcastle United owner when he bought the ailing department store chain out of administration. The retail tycoon said he hoped to save about 80% of House of Fraser’s 59 stores and turn the chain into the “Harrods of the high street” after it was bought out of administration for £90m last year. Plans have now been submit... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...