Fenwick: The one and only

Cities outside London cannot sustain more than one department store, according to the boss of Fenwick.

John Edgar, Fenwick ceo says there is no longer the scope to have more than one department store in cities, and this is limiting its expansion hopes.

There are locations where the chain ‘would love to be – but someone else is already there,’ he told the Telelgraph.

‘The days of two, or three or even more department stores in a city are gone. I don’t think the markets are big enough and I don’t think they ever were. So if another retailer were to come out of a market where we could see an opportunity, I think we’d really seriously consider it.

‘Our model is that we want to be the only show in town. You can get things with us that, largely, you can’t get anywhere else in that location.’

Fenwick18

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