House of Fraser seeks cutbacks after a difficult Christmas

Department store is trying to cut its high street footprint by 30% while hoping to avoid further store closuresHouse of Fraser is seeking to cut the size of stores in an effort to slash its rent bill after a tough Christmas.The department store group, which was bought by Chinese conglomerate Sanpower in 2014, wants to cut its high street footprint by 30% over 10 years. It is understood the group does not want to close individual stores, other than the two closed last year in Leicester and Aylesb