duffy and phelps news and archive

BHS Timeline: 1 pound sale to administration to liquidation

London - The UK high street was handed a shocking blow on Thursday, when news broke that administrators Duff & Phelps had been unable to find a suitable buyer to save collapsed department store chain British Home Stores (BHS). A former staple store on the high streets, BHS entered into administration 5 weeks ago. Administrators fought to find a...

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BHS collapse deals devastating blow to the high street

British Home Store's fall from grace into liquidation has dealt a "devastating blow" to the UK high street, according to retail experts. Administrators announced the impending wind down of the department store group on Thursday, five weeks after BHS collapsed into administration, after failing to secure a suitable buyer to take over the group. A...

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The end for BHS, administrators to wind group down

London - The axe has dropped for British department store group British Home Stores as administrators announce the orderly wind down of the BHS business, which is set to result in the loss of 11,000 jobs. In spite of the "considerable efforts" of the appointed administrators Philip Duffy and Benjamin Wiles, Managing Directors of Duff & Phelps,...