Introduction to House of Fraser
In 1849, Hugh Fraser and James Arthur Viney set up a small drapery shop on Glasgow’s Argyle Street. The Company grew steadily and by 1904 it had expanded to become the largest department store chain in Scotland with 11 stores. In 1957 the Company was floated on the London Stock Exchange and over time acquired various other well-known British retailers including Harrods, Selfridges, Harvey Nichols and Browns.
The House of Fraser Group is now one of the largest publicly quoted companies on the London Stock Exchange with a market capitalisation of over £2 billion. It employs around 22,000 people across its 61 UK stores which sell everything from fashion and beauty to homewares and electricals.
History of House of Fraser
The House of Fraser was established in 1849 by Hugh Fraser and James Arthur in Glasgow, Scotland. The company grew steadily over the next few decades, expanding into new locations and opening new stores. In the early 1900s, the House of Fraser began to expand rapidly, acquiring other department stores and becoming one of the largest retailers in the United Kingdom.
During the mid-20th century, the House of Fraser continued to grow, acquired several more department stores, and became a publicly traded company. In 1985, the company was taken over by Mohamed Al-Fayed. Under Al-Fayed's ownership, the House of Fraser underwent a major expansion, opening new stores across the United Kingdom.
In 2014, the House of Fraser was acquired by Nanjing Xinjiekou Department Store Co., Ltd., a Chinese conglomerate. The company has since been renamed Nanjing Xinjiekou Department Store Co., Ltd., and is now one of the largest retailers in China.
Products and Services Offered by House of Fraser
The House of Fraser is a department store chain that has been in operation for over 150 years. The company has over 60 stores across the United Kingdom and Ireland, as well as an online store. The company sells a wide range of products, including clothing, footwear, beauty products, homeware, and electrical goods. The company also offers a personal shopping service, as well as a wedding and gift registry service.
Benefits of Shopping at House of Fraser
There are many benefits to shopping at House of Fraser, a British retail icon that has stood the test of time. For one, shoppers can find a wide variety of merchandise under one roof, from designer clothes to home goods. In addition, House of Fraser offers excellent customer service, with knowledgeable staff who are always willing to help. Shoppers can take advantage of exclusive deals and promotions when they shop at House of Fraser.
Conclusion
House of Fraser has been a British retail icon for over 150 years and the company’s commitment to quality, innovation and customer service have ensured its place in history. Despite its recent struggles, House of Fraser is still an iconic retailer that stands out from the crowd with its unique approach to fashion, beauty and lifestyle offerings. With their new online presence, there is no doubt that House of Fraser will continue to be a prominent name in British retail for many years to come.
