Advertisement

  1. ITV Report

Five high street giants that went into administration

High street retailer BHS has gone into administration, putting around 11,000 jobs are at risk.

BHS was founded in 1928, and if a buyer is not found it faces collapse.

It is not the first high street giant to call in administrators in the past few years.

  • Woolworths
Credit: John Stillwell / PA

The Woolworths store chain had more than 800 stores across the UK - all of which were closed after administrators were called in in 2008. Around 27,000 staff were made redundant in the biggest

  • HMV
Credit: Niall Carson / PA

The music and film retailer went into administration in 2013, putting thousands of jobs at risk. Investment firm Hilco then bought the ailing company, which became once again the biggest retailer of physical music in Britain in 2015.

  • Comet
Credit: Andrew Parsons / PA

All of the electrical retail chain's stores were closed in 2012 after the company went into administration - and thousands of former employees were awarded payouts after an employment tribunal rules they had not been properly consulted on redundancies by administrator Deloitte.

  • Blockbuster
Credit: Tim Ireland / PA

The iconic film rental chain was shuttered in 2013 - with the closure of 264 stores and a 2,000-strong workforce made redundant.

  • JJB Sports
Credit: Dave Thompson / PA

More than 2,000 jobs were lost and 133 stores closed after sports retailer JJB Sports called in administrators in 2012. Rival Sports Direct bought 20 of the company's stores.

More on this story