On Monday morning, administrators were called in to the High Street chain, British Home Stores.
Today (Thursday) Philip Duffy, Joint Administrator of BHS, Duff & Phelps said,
“Over the last few days we have been working hard to stabilise the business and are pleased to have received a number of expressions of interest. We continue to seek a sale as a going concern.
“We appreciate the hard work of staff that have ensured that stores have continued to trade as normal.
“Staff have been paid over the course of yesterday and today and we want to reassure them that they will continue to be so whilst the Group remains in administration, as a priority payment.”
Image: artotemscounder CC BY 2.0
