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Changes on the High Street
The chain has written to landlords asking for rent reductions amid growing fears of retail casualties, Sky News learns.
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House of Fraser (HoF), one of the UK's biggest department store chains, is seeking to slash its rent bill, stoking fears of further casualties on an increasingly embattled high street.
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The state of HoF's finances has been the subject of speculation for months, and was not aided by Moody's, the ratings agency, which described the chain as "a very high credit risk" last month.
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https://news.sky.com/story/house-of-...tters-11196770
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