British furniture and floorings retailer ScS Group is set to stop trading from its 27 concessions within department store chain House of Fraser by the end of January 2019.
The decision follows after ScS Group reported a huge decline of 52.5% in like-for-like orders for the 12 weeks ending 20 October.
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It has also noted that the House of Fraser concession business accounted for 2.7% of the group’s total order intake for the 12 weeks period.
The retailer is also planning to work collaboratively with affected employees to re-deploy them wherever possible.
ScS Group CEO David Knight said: “I would like to take this opportunity to thank all of our colleagues who have worked in our House of Fraser concessions over the past few years for their dedication and hard work.
“However, given developments in House of Fraser over the last few months, it has become clear that the partnership was no longer beneficial to ScS.
“We are pleased to announce that we have continued to trade well in the core ScS business in the first 12 weeks of our financial year. We will continue to focus on our successful value offering proposition, coupling this with the excellent service that ScS provides and that our customers know and love.”
The company has reported a flat 1.2% growth in like-for-like orders during the 12 weeks period and noted that it will continue to trade in line with the expectations.
ScS Group currently operates 100 stores offering a range of upholstered furniture and flooring products, including fabric and leather sofas and chairs under Endurance and SiSi Italia banners.
