Last BHS store in Scotland closes!
The last BHS store in Scotland at the St Enoch center in Glasgow has closed its doors for the final time, following the collapse of the high street retailer earlier this year.
(BHS closed its final store in Glasgow today 28/08/16)
BHS ran 16 Scottish branches, employing more than 520 staff, when it went into administration in April. Before Sunday, 15 had already closed, leaving only one store operating at St Enoch shopping centre in Glasgow.
The branch employed more than 50 staff at the time of the store chain's collapse. The retail giant traded for almost 90 years on the British high street before going into administration.
Attempts to find a buyer were unsuccessful and BHS was wound up in June with the loss of 11,000 UK jobs. MPS have been scathing about the collapse of BHS and the way in which it was run by Sir Philip Green. In a report, they claimed his failure to resolve BHS's £571m pension deficit was a major factor in the firm's demise.
Sir Philip promised MPs in June that he would sort out the pensions "mess".
The last remaining branches of BHS stores vanished from the high street today, ending 88 years of trading across the UK.
Administrators for the department store chain, Duff & Phelps and FRP Advisory, have closed 22 stores, the last of the branches nationwide.
The retailer's collapse in April has affected 11,000 jobs, 22,000 pensions, sparked a parliamentary inquiry and left its high-profile former owners potentially facing a criminal investigation. In March 2015, BHS was sold for £1 by Arcadia Group tycoon Sir Philip Green to former bankrupt Dominic Chappell, who in turn called in the receivers in May.
(Staff at the BHS store in Glasgow ripped off the closing down signs to mark the end of an era)
Sir Philip was accused of extracting large sums of money from the firm and failing to resolve a £571m deficit in its pension fund by a Parliamentary inquiry. In a highly critical report published by MPs last month, Sir Philip was branded the "unacceptable face of capitalism".
Labour MP Frank Field has asked the Serious Fraud Office to launch a formal investigation into both Sir Philip and Mr Chappell to establish whether any criminal wrongdoing occurred during the sale of the chain and throughout their ownerships.
It has also emerged that Mr Field is probing Sir Philip's Arcadia retail empire, which includes Topshop.
The following BHS stores which have closed across Scotland:
Sauchiehall Street, Glasgow
Princes Street and Cameron Toll, Edinburgh
St Enoch Centre, Glasgow