BHS gone into administration
25 April 2016, 01:55 PM
#2
I remember going in there not long ago whilst looking for a suit and the first impression i got was how dated it looked, they didn't have any suits at all, just old fashioned jackets and not so modern trousers. I hadn't been in there for years and havn't been back since.
You just feel for the people that are going to lose there jobs, it needed bringing back into the modern world with investment, instead it's been left stuck in the past to slowly rot away.
You just feel for the people that are going to lose there jobs, it needed bringing back into the modern world with investment, instead it's been left stuck in the past to slowly rot away.
25 April 2016, 03:30 PM
#4
My wife has £140 of stuff in their returns system (posted on Friday) and some other items she was planning to return today. Is she likely to ever see her refund? Is it just that the high street presence is likely to go and they will continue to trade on-line?
Apologies if these questions have been answered in media reports - haven't taken the time to check just yet.
Apologies if these questions have been answered in media reports - haven't taken the time to check just yet.
25 April 2016, 03:34 PM
#5
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Hi,
No room for these "middle of the road" players these days.
You either need to be top end or bottom end to survive.
They were always the last place on your mind when thinking of places to shop.
Sad for the staff that will lose jobs.
Cheers
Steve
No room for these "middle of the road" players these days.
You either need to be top end or bottom end to survive.
They were always the last place on your mind when thinking of places to shop.
Sad for the staff that will lose jobs.
Cheers
Steve
25 April 2016, 05:36 PM
#6
Agree with above
Even debenams is run by bank loans nowadays
The only future is bargain basement shopping and top end
Nothing in between
Look at the success of primark
One is opening in Carlisle which will close the rest of the shops in the town
People like a Bargain
Even debenams is run by bank loans nowadays
The only future is bargain basement shopping and top end
Nothing in between
Look at the success of primark
One is opening in Carlisle which will close the rest of the shops in the town
People like a Bargain
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25 April 2016, 06:39 PM
#8
My wife has £140 of stuff in their returns system (posted on Friday) and some other items she was planning to return today. Is she likely to ever see her refund? Is it just that the high street presence is likely to go and they will continue to trade on-line?
Apologies if these questions have been answered in media reports - haven't taken the time to check just yet.
Apologies if these questions have been answered in media reports - haven't taken the time to check just yet.
I supplied them with basic garments and am looking at losing more than £140
25 April 2016, 09:05 PM
#10
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Agreed - although mainly from way back in the 70's. I still have three BHS light fittings from the 80's, but as a lighting company they never kept up with the likes of IKEA etc.
Oh, and their restaurants did lovely cheap breakfasts (with the smell permeating into the clothes section nearby).
mb
Oh, and their restaurants did lovely cheap breakfasts (with the smell permeating into the clothes section nearby).
mb
27 April 2016, 04:31 PM
#14
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lol, you have to laugh
Dominic Chappell wants to buy back BHS, out of administration
(presumably once the tax payer has picked up the tab for the pension fund)
http://www.bbc.co.uk/news/business-36153514
"Would you believe it? No - say many senior retail figures. And yet, speaking to me today, Dominic Chappell said that with the millstone of the pension fund now winched into the pensions lifeboat, he is talking to US investors about mounting a bid for the substantial majority of BHS's 164 stores. "
what does the UK do to deserve such stellar business owners?
Dominic Chappell wants to buy back BHS, out of administration
(presumably once the tax payer has picked up the tab for the pension fund)
http://www.bbc.co.uk/news/business-36153514
"Would you believe it? No - say many senior retail figures. And yet, speaking to me today, Dominic Chappell said that with the millstone of the pension fund now winched into the pensions lifeboat, he is talking to US investors about mounting a bid for the substantial majority of BHS's 164 stores. "
what does the UK do to deserve such stellar business owners?
27 April 2016, 04:48 PM
#15
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****ty eh , I doubt we are the only ones
The other end the scale , phillip chiyangwa , business tycoon ( Mugabe relative ) asset strips huge number Bulawayo factories , flogging machinery across the border to S.A.
now hes given coloumn inches to explain how the common guy in the street should get off his posterior and start businesses
In zim they do it proper though - any body this rich has to flaunt their wealth in gratuitous bad taste all over social media etc
He even applied for the fifa job , but presumably was too corrupt even for that
The other end the scale , phillip chiyangwa , business tycoon ( Mugabe relative ) asset strips huge number Bulawayo factories , flogging machinery across the border to S.A.
now hes given coloumn inches to explain how the common guy in the street should get off his posterior and start businesses
In zim they do it proper though - any body this rich has to flaunt their wealth in gratuitous bad taste all over social media etc
He even applied for the fifa job , but presumably was too corrupt even for that
27 April 2016, 05:58 PM
#17
February 25th 2016
Top business leaders have backed David Cameron's campaign to stay in the European Union.
Tycoons including Lord Sugar, Sir Martin Sorrell, Sir Philip Green and Sir Victor Blank say they would vote for the UK to remain in the Union in June's referendum.
Let's hope his judgement on Europe is better than his business acumen....
Top business leaders have backed David Cameron's campaign to stay in the European Union.
Tycoons including Lord Sugar, Sir Martin Sorrell, Sir Philip Green and Sir Victor Blank say they would vote for the UK to remain in the Union in June's referendum.
Let's hope his judgement on Europe is better than his business acumen....
27 April 2016, 06:00 PM
#18
I reckon it was intentional. With the pension burden its could never be sucessfull. So they just let it run itself into the ground.
Buyout, shed the pension, close the stores with unreasonable rent/rate agreements and write some new employee contracts then we may see some money put into regenerate it.
Alternatively just buy it out, carry on running it into the ground whilst stripping whatever assets it has left.
Buyout, shed the pension, close the stores with unreasonable rent/rate agreements and write some new employee contracts then we may see some money put into regenerate it.
Alternatively just buy it out, carry on running it into the ground whilst stripping whatever assets it has left.
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