Legendary London department store closes its doors

The legendary 130-year-old London Fenwick division retailer in Bond Road is shutting its doorways for good.

LONDON DEPARTMENT STORES

Town is dwelling to a number of well-known motels, museums, artwork galleries, eating places and retail shops.

London’s West Finish boasts a variety of prestigious shops equivalent to Harrods, Hamleys, Fortnum & Mason, and lots of extra.

Many of those date again lots of of years.

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CLOSURE OF FENWICK STORE

It’s certainly fairly saddening to listen to that one of many metropolis’s oldest shops will probably be closing its doorways.

The enduring Fenwick retailer on Bond Road opened its doorways over 100 and thirty years in the past.

Fenwick has occupied the location on Bond Road, one of many metropolis’s most well-known purchasing streets, since 1891.

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SHIFT TO ONLINE SALES

The longstanding West Finish retailer will shut up in an try to maneuver extra of the model’s gross sales on-line.

The Bond Road website reportedly didn’t promote even half as a lot as Fenwick shops in different areas throughout London equivalent to Brent Cross, Kingston upon Thames and Newcastle.

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FENWICK CLOSING DOWN SALE

The upcoming closure of the shop has meant there’s a must eliminate inventory. Fenwick is providing as much as 70 p.c off objects as a part of an enormous closing-down sale.

Based on TimeOut, Fenwick’s Bond Road constructing has been bought to Lazari Investments for over £400 million (R 9.2 billion).

The brand new homeowners reportedly intend to show the constructing right into a mixed-use area with shops and workplaces.

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