Wrexham BHS To Close As Administrators Call In Liquidators

Wrexham’s BHS store is to close, with administrators today appointing liquidators after failing to find a buyer for the chain.

The Guardian initially reported just after 3pm that ‘Administrators Duff & Phelps calls in liquidators’, with it later confirmed an “orderly wind down” of BHS will take place with all 163 stores to close.

Administrators say 8000 staff are “likely to go” along with 3000 contract jobs.

Administrators Duff & Phelps said “Despite the considerable efforts of the administrators and BHS senior management it has not been possible to agree a sale of the business. Although multiple offers were received, none were able to complete a deal due the working capital required to secure the future of the company.

“Our thoughts today are with the employees. We thank them for their professionalism and hard work. We would also like to thank the great British public for helping us in our efforts to save BHS resulting in several weeks of significant sales.

“As a result of the wind down all 163 stores will be in close down sale mode over the coming weeks and whilst continuing efforts will be made by the administrators to sell stores the jobs of 8000 members of staff are likely to go. A further 3000 jobs of none BHS employees who work in the stores may also be at risk.”

The chain entered administration in April, with efforts being made to find a buyer for all or part of the store.

Pics: BHS Wrexham just before 3pm today.