Curtain to finally fall on BHS by the weekend

The last 35 stores of collapsed retailer BHS are expected to close this week, with the group set to disappear from the high street entirely by the weekend.

By The Newsroom

23rd Aug 2016, 7:33am

Updated 26th Aug 2016, 1:34pm

The BHS store on Edinburgh's Princes Street closed earlier this month. Picture: Greg Macvean

Administrators to the business are set to shut 13 stores on Wednesday and 22 stores on Saturday, bringing an end to 88 years of British retail history.

Duff & Phelps and FRP Advisory have overseen 128 closures over the past weeks, including BHS’s flagship Oxford Street store.

Stay of execution for remaining 57 BHS stores

BHS’s collapse in April has affected 11,000 jobs, 22,000 pensions, sparked a lengthy parliamentary inquiry and left its high-profile former owners potentially facing a criminal investigation.

Retail billionaire Sir Philip Green has borne the brunt of the public fallout, having been branded the “unacceptable face of capitalism” by MPs.

Sir Philip owned BHS for 15 years before selling it to twice-bankrupted Dominic Chappell for £1 in 2015.

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