Connect with us

Hi, what are you looking for?

Jewish Business News

Business

British retailer BHS to close its doors for good

Sir Philipe Green

 

All BHS Stores are due to officially close their doors by the end of the month. The last stores will cease trading by Saturday August 20.

Former BHS boss Sir Philip Green bought the chain in 2000 with the intention to make it a viable business but within the first year of operation Green sold the chain for just £1 to a group of investors.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

 

Sir Philip Green screenshot

 

Followed the collapse of the retailer in May Sir Philip was facing pressures to be stripped off his knighthood and to fix the black hole the pensions “mess” that was left behind and fund after a joint report by two Commons select committees.

The two committees, Work and Pensions and Business, Innovation and Skills , accused the Arcadia Group’s owner of seeking to blame anyone but himself for the firm’s failure.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...