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Re: House of Fraser in trouble...
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Originally Posted by denphone
Expect more High Street casualties as the weeks go on..
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Another one in trouble:
Quote:
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Originally Posted by
The Sun
High Street fashion chain East has gone into administration putting 314 jobs at risk.
The retailer, which first opened its doors in London in 1994, has 34 stores and 15 department store concessions around the UK.
The womenswear chain initially fell into administration in June 2015 but it was rescued by Indian chain store, Fabindia
It closed 15 stores and five concessions in a pre-pack deal.
But a tough trading environment had lead to administrators being called in less than a year later.
The shop remains open while they evaluate options for selling the business.
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It's only a small one this time but symptomatic of the hard times for the high street. 
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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