One of the UK’s historic department stores, Jenners in Edinburgh, is to close with a loss of 200 jobs.
The announcement was made after Frasers Group plc failed to reach an agreement with building owners Anders Polvsen to continue the lease on the building.
The House of Fraser department store is expected to cease trading on May 3.
The shop has been a landmark on Princes Street for the last 183 years, previously trading as an independent shop until it was acquired by House of Fraser in 2005.
A spokesman for Frasers said: “Despite the global pandemic, numerous lockdowns and the turbulence caused for British retail, the landlord hasn’t been able to work mutually on a fair agreement, therefore, resulting in the loss of 200 jobs and a vacant site for the foreseeable future with no immediate plans.
“Our commitment to our Frasers strategy remains but landlords and retailers need to work together in a fair manner, especially when all stores are closed.
“We would like to take this opportunity to thank our Jenners staff for their hard work and dedication.”