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Nigel Oddy
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House of Fraser announces plans for 100,000 sq ft Chester store

Friday 03 February 2017 - Posted by Ben Stevens

Department store giant House of Fraser has announced plans to open a new 100,000sq ft store in Chester. Slated to open in 2021, House of Fraser will anchor a new shopping complex stretching over 500,000sq ft, aiming to reinvigorate Chester’s city centre. The complex will creat...

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House of Fraser's outlook downgraded to "negative"

Thursday 19 January 2017 - Posted by Ben Stevens

House of Fraser’s credit rating outlook has been downgraded by ratings agency Moody’s, as pressures from the weak pound and reduced consumer spending continue to mount. Despite positive Christmas sales, Moody’s has lowered the department store’s outlook rating from “stable” to...

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House of Fraser welcomes "record sales figures"

Wednesday 11 January 2017 - Posted by Ben Stevens

House of Fraser's Christmas trading update has revealed record sales amid a troubled quarter. In the six weeks to December 31 the department store chain posted a 2.7 per cent rise in like-for-like sales alongside a gross margin growth of one per cent. According to the retailer...

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House of Fraser to reveal transformative five-year strategy in February

Wednesday 07 December 2016 - Posted by Elias Jahshan

House of Fraser has recruited consultants to put together its new five-year strategy that would reportedly include improvements to its supply chain efficiency and distribution network. According to Retail Week, the strategy – to be revealed in February – also includes putting ...

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House of Fraser boss quits amid internal "meltdown"

Monday 28 November 2016 - Posted by Ben Stevens

An internal row has led to the resignation of House of Fraser’s chief executive Nigel Oddy. Oddy is understood to have handed in his notice at the department store giant after two years in the role, according to The Sunday Times. In 2014 the 167 year old company was bought by ...

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House of Fraser appoints former M&S Digital Director

Wednesday 01 June 2016 - Posted by Talya Misiri

British department store chain House of Fraser has appointed former M&S Director David Walmsley as its new Chief Customer Officer. Walmsley has more than 20 years’ experience in retail and digital and previously served as Director of Digital at Marks and Spencer, leading the r...

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Online sales boost House of Fraser's first profit in a decade

Wednesday 13 April 2016 - Posted by Veebs Sabharwal

The once vulnerable House of Fraser has hailed a profit for the first time in 10 years thanks to strong online trading and refinancing under new owner Sanpower. The department store retailer recorded pre-tax profit of £1.3m in the year to 30 January, which compares to a £2.9m ...

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House of Fraser creates new Head of Sustainability position

Monday 21 March 2016 - Posted by Veebs Sabharwal

House of Fraser has appointed Dr Dorothy Maxwell to the newly created role of Head of Sustainability, with the remit to enhance House of Fraser’s corporate sustainability commitments and values and embed them in the strategy and operations of the business. “Strong sustainabili...

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House of Fraser Christmas trading driven by Black Friday online sales

Monday 11 January 2016 - Posted by Veebs Sabharwal

As retailers post a mixed bag of Christmas trading results, Sanpower owned House of Fraser has recorded healthy sales figures for the festive period. From the week of Back Friday to 2 January, like-for-like sales were up 5.3%. On Black Friday itself total sales were up 10% on ...

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House of Fraser sees 30% e-commerce growth

Tuesday 22 September 2015 - Posted by Philip Gallagher

In half-year results posted today, House of Fraser recorded like-for-like sales growth of 6.5% and a 30.8% jump in online sales. For the department store group, which recently poached John Lewis’ CTO, online retail now represent 17.5% of the company’s sales, compared to 14.2% ...