BHS rises from the ashes to embrace clicks instead of bricks
Having gone into administration in April, and closed the doors at its last shop in August, BHS has announced it will relaunch as an online only brand.
Having gone into administration in April, and closed the doors at its last shop in August, BHS has announced it will relaunch as an online only brand.
The internet can be a powerful weapon in the battle for brand awareness, but sometimes, in an almost Terminator: Judgement Day-style attack, the machines turn against companies – in some cases because of stupidity.
Online shopping in the UK is to experience growth this year as consumers are set to spend an average of £1,174 via the web in 2015, which is up 9.6 per cent on 2014.
It likes to take big punts on new products or services, but how long will investors continue to show patience with Amazon, the online retail giant.
As Jessops goes into administration, we witness yet another familiar retailer who was not immune to the high street’s economic woes.