House Of Fraser outlet store, Frenchgate, Doncaster, South Yorkshire, England, UK
Image details
Contributor:
Tony Smith / Alamy Stock PhotoImage ID:
P8KF04File size:
46.2 MB (2 MB Compressed download)Releases:
Model - no | Property - noDo I need a release?Dimensions:
4620 x 3492 px | 39.1 x 29.6 cm | 15.4 x 11.6 inches | 300dpiDate taken:
3 July 2018Location:
10-14 Baxter Gate, Doncaster DN1 1NRMore information:
House of Fraser is a British department store group with 54 stores across the United Kingdom and Ireland. It was established in Glasgow, Scotland in 1849 as Arthur and Fraser. By 1891, it was known as Fraser & Sons. The company grew steadily during the early 20th century, and after the Second World War a large number of acquisitions transformed the company into a national chain. From 1936 onwards the company expanded substantially through acquisitions, including Scottish Drapery Corporation (1952), Binns (1953), Barkers of Kensington (1957), and Dickins & Jones and the Harrods group (1959). In 1948, the company was first listed on the London Stock Exchange. Later acquisitions included Howells (1972) and Army & Navy Stores (1973). Ownership of the group passed to the Al Fayed family in 1985 (£615million), and in 1995 it was listed in the FTSE Index as House of Fraser plc, with Harrods moved into the private ownership of the Al Fayeds. In the 1990s several stores were closed and fifteen stores transferred to a joint venture with British Land Company, which then continued operating under their old name. The former Harrod group store D H Evans on Oxford Street, London was re-branded as House of Fraser in 2001 and became the chain's flagship store. In May 2018, the group entered a company voluntary arrangement, and in June the closure of 31 stores was announced. On 10 August 2018 Mike Ashley's Sports Direct chain agreed to buy the business (stores, stock, brand) for £90 million after the chain went into administration earlier that day.