What BHS can teach retailers about failure to adapt

What BHS can teach retailers about failure to adapt

With up to 11000 jobs and 164 shops currently at risk, the downfall of BHS shows that even the most established brands need to adapt in order to stay on top. Whilst there are a number of complex factors which have resulted in the closure of BHS, it’s an unfortunate reminder of how retailers need to keep up to date in order to stay ahead of the competition, no matter how large a company you are. Not unlike Woolworths, BHS have been unable to keep up with the changing pace of retail, the [..]

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