DEPARTMENT store John Lewis has said it has no plans to leave Southsea.
There had been rumours the Knight & Lee shop in Palmerston Road would close once the Northern Quarter development is completed.
However, the store has confirmed it will not be leaving Southsea.
The origins of the Southsea store can be traced back to 1931. It was founded by Jesse Knight and Herbert Soden Lee in 1887.
It was bought by the John Lewis Partnership in 1940.
When Centros, the developer behind plans for the former Tricorn Centre, developed its proposal before the economic crash of 2008, John Lewis and Marks & Spencer were named as two of the anchor stores of the project.
Asked about the possibility of a new John Lewis store in the Northern Quarter development, a spokesman for the company said: ‘We have no comment to make on the Northern Quarter.’