Thursday 11 August 2016

BHS to close all stores as questions remain unanswered

British Home Stores to close all branches by 20 August as law firm Jones Day called in to investigate directors’ conduct

The BHS scandal is far from over, in fact it may only just be starting. The flagship store on Oxford Street in London is pulling down its shutters for the final time this weekend and the last of the retail chain’s 164 outlets around the country will all be closed by the following Saturday.

However, the news that Jones Day has been brought in to investigate the conduct of BHS’s directors in the run-up to its collapse shows that questions remain unanswered.

Related: Sir Philip Green told to 'do the right thing' and plug BHS pension deficit

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from Business blog | The Guardian https://www.theguardian.com/business/blog/2016/aug/11/bhs-to-close-all-stores-as-questions-remain-unanswered

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