Shop News 
 Town Centre
 Shop news
 Hertford Books
 Shopping online

 See Also
 In Pictures

 Previous News
 14th January
 26th December
 2nd December
 18th November
 18th October
 26th June

Updated Tuesday 20th February 2001
Shop News:
Gravesons To Close

Gravesons Outfitters
Gravesons in Market Place
After two hundred years trading in the town, Gravesons department store in Market Place is to close.

The closure of the three-storey clothing and accessories shop will result in the loss of 23 full-time jobs following the sale of the property to a development company - Oastlodge Ltd.

The company's second outlet at 4 Market Place will remain open, selling homeware and gifts.

Following the death of Joan and Peter Graveson in 1999, the company came under the control of individuals less interested in retailing. Despite the fact that the comapny's turnover has increased over the last year, the decision was taken to dispose of the business. Unable to find a buyer for a going concern, it has been decided to sell the property to a development company.

Competition in the clothing market has increased in the town recently, with the opening of The Edinburgh Woollen Mill shop in Maidenhead Street and a handful of independent fashion outlets.

The future of the prestige site is uncertain, although the District Council has stated that applications from restaurants, pubs, banks and estate agents would not be considered.

Discover Hertford Online is a privately funded independent website designed, hosted and maintained by the hertsWEB Community Network. © 2001 hertsWEB Community Network. Disclaimer.