iansheff Posted April 24, 2016 Share Posted April 24, 2016 Just been reading on the BBC that BHS could file for administration as early as tomorrow threatening 11000 jobs. Another established name on the way out? http://www.bbc.co.uk/news/business-36123444 Link to comment Share on other sites More sharing options...
999tigger Posted April 24, 2016 Share Posted April 24, 2016 Administration is more to give it a breathing space. Hopefully they will just get rid of the biggest lossmakers and be bale to save it. poor staff. There was a time when Phillip Green had BHS going well, but its slipped back and seems to have a very big hole in its pension pot. Sad to see it close, considering they used to have that big shop in haymarket and one on the Moor? Link to comment Share on other sites More sharing options...
francypants Posted April 24, 2016 Share Posted April 24, 2016 This doesn't surprise me, I went into the Parkgate branch recently and it was empty of customers. They didn't have what I needed so I walked out without buying anything. Link to comment Share on other sites More sharing options...
Gamston Posted April 24, 2016 Share Posted April 24, 2016 Administration is more to give it a breathing space. Hopefully they will just get rid of the biggest lossmakers and be bale to save it. poor staff. There was a time when Phillip Green had BHS going well, but its slipped back and seems to have a very big hole in its pension pot. Sad to see it close, considering they used to have that big shop in haymarket and one on the Moor? The same Philip Green who belittled Stuart Rose for not selling him M&S and ended up selling BHS for £1.00 Link to comment Share on other sites More sharing options...
GLASGOWOODS Posted April 24, 2016 Share Posted April 24, 2016 Not surprised. Their merchandise is rubbish. Still, bad for the staff. Link to comment Share on other sites More sharing options...
Michaeldyn Posted April 24, 2016 Share Posted April 24, 2016 We should start a petition for government to step in and save bhs , like we are doing with steel jobs Link to comment Share on other sites More sharing options...
Gamston Posted April 24, 2016 Share Posted April 24, 2016 We should start a petition for government to step in and save bhs , like we are doing with steel jobs ;) We might need a steel industry when we got to war against our ex special friend America, but saving BHS is at the back of the queue in terms of strategic importance. Link to comment Share on other sites More sharing options...
Tim1 Posted April 24, 2016 Share Posted April 24, 2016 Billionaire sells it for £1 lol. I would give the rest of his businesses a wide birth in the future. Selling all those peoples futures and pensions for £1 Link to comment Share on other sites More sharing options...
biotechpete Posted April 24, 2016 Share Posted April 24, 2016 Administration is more to give it a breathing space. Hopefully they will just get rid of the biggest lossmakers and be bale to save it. poor staff. There was a time when Phillip Green had BHS going well, but its slipped back and seems to have a very big hole in its pension pot. Sad to see it close, considering they used to have that big shop in haymarket and one on the Moor? It seems it is rent that they can't afford and they are trying to sell stores to Sports Direct, who I guess will cherry pick the best ones in terms of price and location. I can't see it ending well. Link to comment Share on other sites More sharing options...
999tigger Posted April 24, 2016 Share Posted April 24, 2016 It seems it is rent that they can't afford and they are trying to sell stores to Sports Direct, who I guess will cherry pick the best ones in terms of price and location. I can't see it ending well. I thought they negotiated quite a few rent reductions i guess this is downsizing then. wont be surprised if they are cut in half. Poor staff. Link to comment Share on other sites More sharing options...
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