Five big names that disappeared from our high streets
Today there was difficult news for the British high street as it was revealed that British Home Stores has filed for administration, putting 164 shops and up to 11,000 jobs at risk.
Sky News reported this morning that a spokesman confirmed the process of administration has started, with an announcement due at 11.30am.
Staff and customers alike will be holding out for a glimmer of hope amongst the gloom, with a rescue deal or buyout still possible.
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Hide AdThe last few decades have been particularly brutal for the retail sector, as failure to keep up with ever-changing consumer habits has proved the death knell for many iconic brands.