Selfridges shelves Foster store plans
Selfridges has admitted it has abandoned Foster and Partners' plans for the wholesale redevelopment of its store on London's Oxford Street. The move follows last year's takeover by Canadian billionaire Galen Weston, who also shelved Foreign Office Architects' plans for a shop in Bristol.
The company announced the overhaul of the northern part of the Oxford Street site in December 2001. Plans included the development of office space alongside a vast retail centre. But Selfridges has now withdrawn its planning application, placing all non-retail development 'on hold'. Instead it will concentrate on expanding the Food and Home departments and redeveloping the hotel.
It also plans to make changes to the department, brand and product mix in its three regional stores - Exchange Square and Trafford Centre, both in Manchester, and the Bullring in Birmingham - during 2004.
A decision on whether Fosters has any future on the Oxford Street scheme is yet to be made.