High-street Retailer BHS Failure

By 2016-06-21 News No Comments

 

The high-street retailer BHS entered administration at the end of April 2016, putting 11,000 jobs at risk – this is seen as the biggest bust since Woolworths collapsed in 2008. This story provides a good example of the ‘half-life’ of the biggest business news stories. Having sold BHS for £1 to Dominic Chappell’s Retail Acquisitions group in March 2015, Sir Philip Green, rejects responsibility for the company’s failure. The story provides a good example of the ‘half-life’ of the biggest business news stories. While most businesses punch into public consciousness for only a short period, usually no more than a week or two, stories that dominate the business pages are invariably critical and tend to follow a similar pattern. Click here to read the full story