BHS Filing for administration

It's gonna make a big hole in Queensgate but the last time we went in there (for a coffee) we were seriously unimpressed.
 
NexusK said:
That will be yet another large hole in our town centre, at this rate there will be more boarded up windows than shops.
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There already is in Stoke. Think the building vacancy rate surpassed 50% some time in the last 2 years. Silly thing is, a lot of the building owners continue to put their prices up. They'd rather have the buildings sit empty rather than have someone use it and pay less.
 
eldergeek said:
And there's the problem. Why use these remnants of a bygone era, when we could relocate all of these things to warehouses, and repurpose the land for something more useful and relevant. Like housing.
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"Remnants" as in bricks and mortar shops in town centres?
 
Also echoing the point of BHS not changing with the times. I'm not entirely sure which audience they've tried to cater for - i see a lot of the elderly shopping at M&S or JL if they don't mind splashing the cash.

Feel sorry for the large workforce though.

Did i hear rumour that Mike Ashley was going to buy up a load of the shops and turn them into Sports Direct. Not sure anyone who will want to willingly work for him though.

EDIT: Woah didn't read the part about the pension scheme also being under threat - a £0.5 billion hole. Which looks like most of the workforce will lose a portion of their pension. That's going to make for some very upset and angry ex employees.
 
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#Chri5# said:
"Remnants" as in bricks and mortar shops in town centres?
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Why sit in traffic, non stop red lights, fight for non existent car parking spaces, then pay £5+ for the privilege, struggle with pedestrians getting in your way, then only to find out the item you wanted to buy is out of stock.....don't worry though, the shop assistant can order it online for you to pick up in store!


hahaha, or you can spend 30 seconds clicking a button on your computer and a nice man brings it straight to your door the next day

it's ok though, those 11,000 unemployed will quickly find work.....somewhere.....maybe
 
I didn't even realise that they were still around until i saw the news this morning. Shows how much of an impact the shops have on my life then.

I feel for the workers though.
 
glen8 said:
Why sit in traffic, non stop red lights, fight for non existent car parking spaces, then pay £5+ for the privilege, struggle with pedestrians getting in your way, then only to find out the item you wanted to buy is out of stock.....don't worry though, the shop assistant can order it online for you to pick up in store!


hahaha, or you can spend 30 seconds clicking a button on your computer and a nice man brings it straight to your door the next day

it's ok though, those 11,000 unemployed will quickly find work.....somewhere.....maybe
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It's true. Hassle of going to town if you don't live there plus added cost (parking) just makes the whole thing inefficient and unpleasant

It's a naturally dying model. Some will survive but there will only be more net job losses
 
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I feel for the employees but not for BHS as an entity or a brand. There's simply not enough need for it any longer in its current form.
 
I haven't read the main article and it may in fact cover my thoughts but I would have imagined BHS has some seriously valuable properties scattered throughout the UK and may even follow the same trend as other failing UK businesses have done recently by closing most stores but keeping their flagship, profitable stores open similar to Jessops and Habitat for example.

Shame another British business is struggling.

Interestingly only BHS had a good selection of childrens formal wear when I was looking for something for my lad to wear at a wedding recently.
 
I must be one of a rare breed as I still buy most of my clothes in-store as I'm a weird fit but can't say I've bought anything from bhs since I was a kid.

Shame to see another brand go and I hope the employees find other work (plus those pensions still come through).

Councils really need to rethink town centres now as so many brick's and mortar shops are closing. A drastic cut in costs is required, mainly in rent and rates.
 
MonkeyMan said:
I must be one of a rare breed as I still buy most of my clothes in-store as I'm a weird fit but can't say I've bought anything from bhs since I was a kid.
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Unless you're some sort of shape-shifting monster, I would assume you could buy things online just as easily as in a shop. You take your measurements and buy the size that fits. If it doesn't fit, you return it.
 
I just had a mooch around their Oxford Street branch. A fe observations:

The cafe is on the first floor. According to the signage in the lifts, it's on the ground floor, and on the ground floor, there are signs saying that it's on the second floor.

The gents had one working toilet which was absolutely disgusting. The soap dispensers were knackered, the hand dryer had lung cancer and basically just coughed on my hands.

The shop layout itself was very confusing, the sheer size of the place just made it confusing to navigate.

Loads of lamps were out. I don't think the shop has seen a maintenance guy in months.

The general feel of the shop was dated and old. The paint looks like it's 30 years old and it's very evident that different managerd have done things differently over the years because there were loads of little things done differently all over the shop.

What that place needs is to be gutted and start fresh. It looks tatty, old, dated, poorly lit and dirty. It's no surprise they're going the way they are tbh.

Good luck to the employees.
 
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