Summary
DEPARTMENT store chain House of Fraser said it was ready for the next stage in its growth plans after securing an overhaul of its lending terms.
The group, which has 62 stores in the UK and Ireland, wrote to suppliers confirming it had successfully changed its banking agreements to allow it to ramp up expansion after seeing a recent surge in sales and earnings.See the full content of this document
Extract
Store Chain Set to Grow After Lending Overhaul
Same-store sales have leapt by more than 10% in the five weeks since the end of January, according to House of Fraser. The...
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