British high street chain BHS is set to file for administration, putting 11 000 jobs at risk.
Talks have been underway with parties interested in buying some of BHS's 164 stores, but that may not be enough to secure the future of the retail brand itself.
BHS's owners have been unable to secure funding for a turn-around plan for the fashion, furniture and homewares chain.
John Hannett from retail workers' union USDAW says BHS hasn't done enough to compete with its rivals.
In: "The one…
Out: …approach."
Dur: 20 seconds
http://www.fsnradionews.com/feeds/0425bhs-hannett1.mp3
Talks have been underway with parties interested in buying some of BHS's 164 stores, but that may not be enough to secure the future of the retail brand itself.
BHS's owners have been unable to secure funding for a turn-around plan for the fashion, furniture and homewares chain.
John Hannett from retail workers' union USDAW says BHS hasn't done enough to compete with its rivals.
In: "The one…
Out: …approach."
Dur: 20 seconds
http://www.fsnradionews.com/feeds/0425bhs-hannett1.mp3