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Thousands Face Axe As Bhs Rescue Bids Fail

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I wonder where those 10,000 odd people will find another job?

It'll be wrose than that - it'll be 50,000 doing 16h for their tax credits.

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If BHS goes under where is todays modern, successful BTL supposed to buy nylon trousers?

Ahhh, the simply wait till their renter slave has gone to work and walk in and take there's.

Simple.

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I wonder where those 10,000 odd people will find another job?

Just a hunch - the new occupiers of those stores. Uniqlo or Mango or Primark or Poundland etc.

Despite the internet, don't most big towns and cities still have high streets and shopping centres?

I agree, if robots are employed in the future in those shops, then we may have a problem.

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Just a hunch - the new occupiers of those stores. Uniqlo or Mango or Primark or Poundland etc.

Despite the internet, don't most big towns and cities still have high streets and shopping centres?

I agree, if robots are employed in the future in those shops, then we may have a problem.

And if the shops lie closed, as many still do ?

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And if the shops lie closed, as many still do ?

Aren't BHS stores mainly in city/large town high streets and shopping centres?

I suspect most of those who want to continue working in a similar job will get alternative posts fairly easily.

Of course, if they jump to M&S they may be leaping from the pan into the fire.

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Just a hunch - the new occupiers of those stores. Uniqlo or Mango or Primark or Poundland etc.

Despite the internet, don't most big towns and cities still have high streets and shopping centres?

I agree, if robots are employed in the future in those shops, then we may have a problem.

They won't have a need for anywhere near as many staff.

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I've been through this process myself. Not nice, but those who want another job, should be able to find one. I've always found BHS to be a weird knock-off of M&S. I'm not surprised it hasn't lasted.

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I've been through this process myself. Not nice, but those who want another job, should be able to find one. I've always found BHS to be a weird knock-off of M&S. I'm not surprised it hasn't lasted.

I saw a brief article by Mary Portas on how she would have tried to save bhs.

It involved 1 floor with goods like Tiger, 1 floor like Uniqlo, and then the home stuff like Ikea.

Would have been nice to see this attempted - found the article.

https://www.theguardian.com/business/2016/apr/25/mary-portas-how-i-would-have-saved-bhs

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I saw a brief article by Mary Portas on how she would have tried to save bhs.

It involved 1 floor with goods like Tiger, 1 floor like Uniqlo, and then the home stuff like Ikea.

Would have been nice to see this attempted - found the article.

https://www.theguardian.com/business/2016/apr/25/mary-portas-how-i-would-have-saved-bhs

wasn't Mary Portas's attempt to save a high street a complete disaster? I see her just as a gobby self promoter. Doubt she would have had the ability to come up with the concept of a store like 'Tiger' if it hadn't already been done. Edited by reddog

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Is this them?

http://www.tigerstores.co.uk/

If it is, it looks very similar to the stuff you can get in Wilko's..They've just dressed it up (and be able to charge more) for a middle class market who daren't set foot in there..

Edited by Dave Beans

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They can try and work in a online only retailer, like ASOS, Boohoo, Prettly Little Thing, Very etc.

These are the growth sectors. Asos employ over 2000, and Bohoo just over 1000.

Asos was 2.5p a share, and got up to £70.00 yes, SEVENTY pounds a share.

Boohoo has only recently IPOed onto the stock market.

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I wonder where those 10,000 odd people will find another job?

Fear not! All those full-time workers can enjoy our new flexijob economy. They'll be back in employment in no-time. Don't forget to ring ahead though - you might not be needed for work today...or tomorrow....or this week. But hey, at least you're not unemployed!

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They can try and work in a online only retailer, like ASOS, Boohoo, Prettly Little Thing, Very etc.

These are the growth sectors. Asos employ over 2000, and Bohoo just over 1000.

Asos was 2.5p a share, and got up to £70.00 yes, SEVENTY pounds a share.

Boohoo has only recently IPOed onto the stock market.

I also wonder how many of those 2000 Asos employ are zero hour? Quite a lot it would seem > http://www.retail-systems.com/rs/GMB_ASOS_Update.php

From full-time store sales (BHS) to zero hour warehouse picker (Asos) - a typical "career move" in our wonderful high-employment economy.

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The problem lies with regulation, and zero hours should limited, to say maybe 10% of the workforce, and this must be annually reviewed. This is the new world where even bricks and mortar businesses have moved over to zero hours to save money.

Zero hours is not good for bankers - as debt cannot be reliably repaid.

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