Kentish Express Ashford & District

Countdown to store closure begins

Retailer set to disappear from UK’s high streets

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The countdown to the closure of the BHS store in Ashford’s County Square shopping centre is now under way.

Signs have gone up in the windows at the store’s entrance announcing a ‘Store Closing!’ sale, with all stock reduced by at least 30%.

However no date for the actual closure has yet been revealed.

The closure of the Ashford store and scores of other BHS outlets follows the failure by administra­tors to find a buyer for the ailing retail chain.

The Ashford branch has been trading in County Square for more than a decade and will be closed along with other BHS stores in Kent in Gravesend, Hempstead Valley, Maidstone and Tunbridge Wells, with the loss of more than 11,000 jobs.

Administra­tors Duff and Phelps said multiple offers were received but it wasn’t able to complete a deal which met the capital needs of the business, which has a pension deficit of more than £570 million.

All 163 BHS stores now face closure in the coming weeks.

The company fell into administra­tion in April.

The retailer was sold to city investors Retail Acquisitio­ns for £1 last year by Arcadia Group, owned by the billionair­e retail entreprene­ur Sir Philip Green, who also owns Top Shop.

Mr Green has since been criticised over the sale and faced tough questions when he appeared in front of the business select committee.

Now the big question for Ashford is ... who is likely to take over the BHS premises when it shuts?

What do you think? Write to Kentish Express, 34-36 North Street, Ashford, TN24 8JR or email kentishexp­ress@thekmgroup.co.uk Shirley Gough said: “Need a hardware store like Dyers, or a bigger M&S, more choice of clothes and homeware dept.” Jason Gilham said: “Poundland would be nice.”

 ?? Picture: Gary Browne FM4411556 ?? BHS in County Square is closing but no official date has been announced
Picture: Gary Browne FM4411556 BHS in County Square is closing but no official date has been announced

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