Sports Direct Plans to Keep Most House of Fraser Stores Open
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Photographer: Simon Dawson/Bloomberg
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Sports Direct International Plc says it will continue to operate most of House of Fraser Ltd.’s 59 U.K. and Ireland department stores after rescuing the chain from near collapse.
“Our aim is to keep at least 80 percent of the stores open,” Liam Rowley, Sports Direct’s head of strategic investments, said Tuesday in an interview on Bloomberg TV with Anna Edwards and Manus Cranny. “We feel that we can bring a lot more to the table with our ambition than, maybe, was previously done.”