28-08-2016 17:02 via uk.news.yahoo.com

Last BHS Stores Close After 88 Years On High Street

Administrators for the department store chain, Duff & Phelps and FRP Advisory, have closed 22 stores, the last of the branches nationwide. The retailer's collapse in April has affected 11,000 jobs, 22,000 pensions, sparked a parliamentary inquiry and left its high-profile former owners potentially facing a criminal investigation. In March 2015, BHS was sold for £1 by Arcadia Group tycoon Sir Philip Green to former bankrupt Dominic Chappell, who in turn called in the receivers in May.
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