London, UK. 7th Jun, 2018. House of Fraser, the high street retailer is to close it's central London Oxford Street store with the loss of over 6,000 jobs in 31 stores nationwide. Restructuring by the chinese owners. High rents for premises and business rates as well as a fall in the value of the pound against other currencies and internet shopping are all causes in the demise of the retail giant. Credit: Steve Hawkins Photography/Alamy Live News


the flagship house of fraser store in king william street in the city of london. Closing down dur to unsustainable costs for the business with the loss of up to 6,000 jobs. financial hardships and unbearable rents and rates for high street retailers.


Size: 4338px × 6500px
Location: king william street, city of london, london, uk.
Photo credit: © Steve Hawkins Photography / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: 000, 6, administrators, admistration, arrangement, banks, branches, brands, british, business, centre, changing, chinese, christmas, closing, closures, company, costs, creditors, currencies, decisions, department, downturn, employees, figures, finances, financial, fiscal, flagship, fraser, heavy, high, historic, history, house, household, interest, job, jobs, king, landmark, landscape, living, losses, marketplace, money, names, national, owners, oxford, poor, profits, properties, rates, redundancies, redundancy, rents, retail, seasonal, shareholders, shops, sourcing, store, stores, street, town, trusted, unemployment, unsustainable, voluntary, wage, weak, william