Friday February 28, 2020

The parallels between the fall of BHS and Clerys are clear, but the response was not

We seem determined to maintain a tolerance for a lack of accountability into matters of public interest

Ian Guider

Markets Editor

8th May, 2016
Clerys building was a longtime hallmark of Dublin's O'Connell Street

A famous high street retailer neglected for years and down on its luck. It changes hands. It’s still-valuable property is hived off to a separate company. Its trading division faces oblivion and its loyal workers face the loss of their jobs. Still, money has been made over many years by some people.

The saga I’m talking about is not the sad demise of Clerys, but that of British Homes Stores, or BHS. It...

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