BHS Case Study
BHS (British Home Store)
Strategic Management
CORP 3501
Submitted to Bruno F. Abrantes Submitted by Sushma Pandey Senthakuri P. No. p1604803x 5th December, 2016 BHS (British Home Store)
BHS was basically founded in 1928 by a group of US Entrepreneur which was bought by Sir Philip Green in 2000 and also became part of Green’s Arcadia Group in 2009. BHS is mainly located at Marylebone House, London, United Kingdom and has many more branches also. BHS is generally a private company which has 164 stores and sells different product like women’s wear, men’s wear, children’s wear, home furniture, bathroom accessories, home ware and many more items. BHS was able to create huge employment opportunities by hiring 11000 people as employee. Later on BHS was seeking for a buyer due to its week financial condition hence later on 12th March 2015 BHS was owned by a Retail Acquisition Ltd. for a nominal price of 1 pound and for this time it was supervised by Dominic Chappell, a former racing driver. After his supervision BHS collapsed within a year in 2016 April …show more content…
After closing all the stores and announcing closure day, Qatari Al Mana Group owned BHS.com, BHS Brand and retailer’s International operation in June and now after being officially collapsed BHS was able to make comeback with online service only and it was run by David Anderson, former head of International at BHS along with 84 employees. BHS was now selling fewer online products like selling lighting and home furnishing. BHS in current time is planning to hire some more employers including former employers also such as Greene King and
Strategic Management
CORP 3501
Submitted to Bruno F. Abrantes Submitted by Sushma Pandey Senthakuri P. No. p1604803x 5th December, 2016 BHS (British Home Store)
BHS was basically founded in 1928 by a group of US Entrepreneur which was bought by Sir Philip Green in 2000 and also became part of Green’s Arcadia Group in 2009. BHS is mainly located at Marylebone House, London, United Kingdom and has many more branches also. BHS is generally a private company which has 164 stores and sells different product like women’s wear, men’s wear, children’s wear, home furniture, bathroom accessories, home ware and many more items. BHS was able to create huge employment opportunities by hiring 11000 people as employee. Later on BHS was seeking for a buyer due to its week financial condition hence later on 12th March 2015 BHS was owned by a Retail Acquisition Ltd. for a nominal price of 1 pound and for this time it was supervised by Dominic Chappell, a former racing driver. After his supervision BHS collapsed within a year in 2016 April …show more content…
After closing all the stores and announcing closure day, Qatari Al Mana Group owned BHS.com, BHS Brand and retailer’s International operation in June and now after being officially collapsed BHS was able to make comeback with online service only and it was run by David Anderson, former head of International at BHS along with 84 employees. BHS was now selling fewer online products like selling lighting and home furnishing. BHS in current time is planning to hire some more employers including former employers also such as Greene King and