Latest wave of closures hits BHS stores with 68 Yorkshire jobs lost
THREE Yorkshire stores are to close down in the second wave of BHS site closures, with a loss of 68 jobs in the region.
Its Rotherham, Scunthorpe and Sheffield Moor stores will be closing next weekend.
A total of 700 jobs will be cut in the latest tranche of closures, set to take place on 30 July.
The first round of closures will be completed tomorrow with an initial 580 jobs lost. The majority of the first round stores are in the North West and North East.
In June 2016 British Home Stores was wound down following an administration in April. Administrators at Duff & Phelps were unable to find a buyer for many sites and 11,000 jobs in total were put at risk.
The company, which was bought in 2015 by Retail Acquisitions, fell victim to changing shopping habits and retail trends. A company voluntary arrangement was proposed in March 2016, but although creditors approved it one month later the company was put into administration as funding promises of £100m fell through.
The fallout from the collapse of the established retailer saw former owner Sir Philip Green grilled by MPs, and a probe into accountants PwC over their handling of BHS’ 2014 accounts .
UDPATE: Duff & Phelps will announce the closure of the remaining 114 BHS stores on Monday, with the remaining sites shutting their doors by 20 August, according to The Guardian.
