High Street chain collapse sweepstake

[WillPS]

Cracking labelscar!

[Pete]

At least it faded from one branding colour to another

[JAS84]

lol, looks like that store no longer needed a sign! Whoever moves in there next is going to have to paint over it before erecting their own sign.

[nidave]

BHS threatens to close half its stores putting hundreds of jobs at risk
http://www.theguardian.com/business/201 ... -jobs-rent

[Finn]

BHS threatens to close half its stores putting hundreds of jobs at risk
http://www.theguardian.com/business/201 ... -jobs-rent

I'm still surprised they're still going.

[Sput]

I feel like I called this 8 years ago...
viewtopic.php?f=1&t=4915&p=79592&hilit=bhs#p79592

[woah]

I'm not sure what they're thinking by planning to add in foodstores - what are they going to be able to offer that isn't already catered for elsewhere?

They also mention modernising the BHS brand - perhaps start by not having about 6 different logos out there, the most recent of which is more traditional looking than the previous one. And getting round refurbishing stores that seem to have been left in 1996.

I think they'd do a lot better by focusing on their key range (home furniture/own brand clothing) and advertising it much better. No more endless sales, just good value, modern items available to view in a local store. Think bits of IKEA and Matalan combined.

[nidave]

"BHS has split its properties into three categories in the CVA: 77 stores that are unaffected; 47 stores that it claims are viable but need a reduction in rent to “market levels”; and 40 that need a substantial reduction in rent to survive."
That suggests 77 of them are profitable - thats a lot more than I would expect

[Martin Phillp]

Beales is looking to reduce rent costs.

http://www.mirror.co.uk/news/business/b ... ut-7513506

[TopCat]

BHS faces crucial vote on its future

http://www.bbc.co.uk/news/business-35834473

[JAS84]

Follow up story - the creditors voted yes to the reduced rents.
http://www.bbc.co.uk/news/business-35883134