NEWS

House of Fraser to open Hamleys concessions

Published on: 28th September 2016

The retailer has revealed plans to open several concessions by the end of November.

House-of-fraser-480In a bid to tempt more shoppers into stores, House of Fraser plans to install several Hamleys toy areas into its department stores, also bringing in All Saints, Monsoon and Mulberry.

House of Fraser’s profits dived nearly 50% in the first half of the year, as the department store said it faced a “very challenging retail environment”.

Underlying profits fell from £9.2m 12 months ago to £5m in the six months to the end of July – excluding interest payments, tax, write downs on the value of property, and a one-off fall in income of nearly £4m related to a new credit card agreement.

 

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