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House of Fraser to Close Plymouth Store in March, Leaving 11 UK Branches

Frasers Group is prioritizing higher-margin banners following improved half-year results.

Overview

  • Closing-down notices have been posted at the Plymouth branch, with trading set to end in March 2026.
  • The city-centre building has been marketed for sale at about £3 million through commercial agent Vickery Holman.
  • The store is running closing discounts, reported as 20% off all stock ahead of the shutdown.
  • Frasers Group reported first-half revenue of roughly £2.6 billion, up 5%, and pre-tax profit of £290.9 million, with stronger performance at Sports Direct and Flannels.
  • The decision extends a years-long contraction that has seen nearly 50 closures since 2018, prompting disappointment from local shoppers and city-centre leaders.