Swindon's House of Fraser store is to stay open after U-turn bt its owners.
The decision on the store in The Brunel Shopping Centre follows negotiations between asset manager FI Real Estate Management and new owner Sports Direct amd will safeguard dozens of jobs.
FIREM has been working closely with Sports Direct since it announced the store’s closure in September and it has now agreed a deal.
The House of Fraser store is viewed as a vital component of the town’s high street.
A spokesperson for FI Real Estate Management said: “There has been understandable concern about the future of House of Fraser and we are delighted to have agreed commercially viable terms that permit its continued presence at the Brunel.
"The determination of both parties to secure agreeable terms was fuelled by the knowledge of how pivotal this store is to the local economy and the people who live and work here. We look forward to working with the new management team to ensure the future success of the store.”
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