163 BHS stores to be wound down with loss of 11,000 jobs

BHS, the troubled UK department store chain is to be wound down, after attempts to find a buyer failed with the loss of 11,000 jobs, 8000 members of staff and 3000 non-BHS employees who work in the stores. The decision was taken as none of the offers was judged acceptable by administrators Duff & Phelps,…