Administrators have confirmed the remaining BHS stores in the North East will be shutting their doors in August.
Shops in Sunderland, Newcastle, Durham, Middlesbrough and the Intu Metrocentre in Gateshead are set to go by August 20, following the closure of the company’s South Shields and Hartlepool branches over the weekend.
The news came after a report by MPs, released today, branded the former owner of the chain Sir Philip Green, as the “unacceptable face of capitalism”. The report also found that he extracted huge sums of money and left the business on “life support”.
The inquiry, which took three months and interviewed dozens of executives, revealed that a “large proportion of those who have got rich or richer off the back of BHS are to blame” for its collapse.
“Sir Philip Green, Dominic Chappell and their respective directors, advisers and hangers-on are all culpable,” the report said.
On Saturday, BHS stores in South Shields and Hartlepool closed down along with another 18 nationally, affecting 580 staff.