6th Nov 2020 15:26
(Alliance News) - Frasers Group PLC on Friday clarified the market on its store closures.
The FTSE 250-listed retail company said its stores in Northern Ireland and Scotland remain open. In Wales, stores are currently closed but are expected to open on Monday next week, albeit subject to further announcements.
In England, stores closed from Thursday and are currently expected to reopen when current regulations expire after 28 days.
"We note inconsistencies remain and, given Michael Gove MP chose to perform a PR stunt on TV to deflect the public's opprobrium onto Frasers Group at the start of the previous lockdown, we currently will not be opening any of our fascias in England, including those with mixed retail use that include 'essential retail'," the company said in its statement Friday.
Frasers shares were trading 1.8% higher in London on Friday at 402.09 pence each.
By Evelina Grecenko; [email protected]
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