25 January 2021
The Weekly

Edinburgh’s Jenners department store is closing its landmark site on Princes Street after 183 years, with a loss of 200 jobs. The store will close on 3 May 2021 after it had been unable to reach an agreement with the site’s owner on the extension of a tenancy deal. The Danish fashion billionaire and major Scottish landowner Anders Holch Povlsen (Bestseller Group), who bought the Jenners building for a reported £50m in 2017, is set to restore and renovate it under a plan that will turn more than half of the site into a hotel. The project includes restoring the building’s Victorian facade and three-storey central atrium, as well as adding cafes and restaurants.