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BHS shuts up shop for good

Published: 30 August 2016
After 88 years on high streets all over the UK, the last BHS store closed for good over the bank holiday weekend.
BHS shuts up shop for good
Stock was reduced by up to 70% in the remaining 22 stores, with many shoppers turning up to commemorate the closing of the high street stalwart as well as grab bargains.

BHS began as an affordable general shop in Brixton, South London, back in 1928. Its collapse marks the largest retail failure since that of Woolworths in 2008. Up to 11,000 workers now face unemployment.

Meanwhile, the retailer's former owner Sir Philip Green, who has come under heavy criticism for his part to play in BHS' downfall, is reportedly still on holiday in the Mediterranean. Labour MP Frank Field recently accused Green of "plundering" BHS and described him as "a sort of asset stripper."

Green sold BHS to bankrupt Dominic Chappell for £1 back in 2015. Chappell is reportedly planning to put his personal business into administration this week and will be re-structuring his assets to protect his cash from investigations into the failure of BHS, according to reports.


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