Final BHS shop shuts its doors as Wood Green store closes

Shutters down: A worker removes items from the Wood Green branch of department store chain BHS, after its final closure
REUTERS/Peter Nicholls
Hannah Al-Othman28 August 2016

The final BHS store in the UK has closed after the Wood Green shop shut its doors today.

The branch closed for the final time at 2pm, after trading on the north London high street for more than 40 years.

The store closed three hours earlier than planned after running out of stock on its final trading day.

The 88-year-old department store chain, which was founded in Brixton, failed 13 months after Sir Philip Green sold the business for £1 to a firm led by serial bankrupt Dominic Chappell.

Many of the chain’s 163 shops have already closed since BHS entered administration in April, with the shutters coming down on its flagship Oxford Street store earlier this month.

Shut down: the last BHS stores in the country have closed
John Stillwell/PA Wire

The business collapsed with a £571 million pension deficit and left some 11,000 jobs at risk, and leaving its high-profile former owners potentially facing a criminal investigation.

Many of the Wood Green store's regular customers flocked to the shop today in the hope of picking up a bargain.

Joan McLeish told the Guardian she had been shopping at the Wood Green there for more than 30 years.

“It’s a shame it is closing. It’s a loss to us, the community” she said.

News of the store's failure sparked a lengthy parliamentary inquiry, with retail billionaire Sir Philip Green branded the "the unacceptable face of capitalism" by furious MPs.

Sir Philip has been criticised for selling the company to a man with no retail experience, and for taking more than £400 million in dividends from the chain, leaving the business with a £571 million pension deficit.

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