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British Home Stores was founded in 1928 by a group of U.S. entrepreneurs who wanted to follow the successful model set by Woolworths. They did not want go into direct competition with Woolworths, so set their highest price at a shilling .
Apr 10, 2016 · BHS had seven branches by 1929, all overseen from the head office at Ivy House, 30 Newgate Street, London. One of the first to open outside London was at 38-40 Palmerston Road, Southsea; others followed in Portsmouth and Sheffield.
Jun 2, 2016 · Getty Images. British Homes Stores first opened for business in Brixton, south London in 1928. Department store BHS is to be wound down, meaning the end of the road for the 88-year-old retailer....
Apr 26, 2016 · 1931 Lists on the London Stock Exchange. 1985 Starts to franchise the brand overseas. 1986 Merges with Habitat and Mothercare to form Storehouse plc. 2000 Sir Philip Green buys British Home...
Jun 2, 2016 · 1928: British Home Stores is set up in a store in Brixton, south London. None of the goods for sale cost more than a shilling. 1929: Prices rise to a five shilling maximum as home furnishings are...
Aug 17, 2016 · :: 1928: British Home Stores is set up in a store in Brixton, south London. Nothing costs more than a shilling. :: 1929: Prices rise to a five shilling maximum as home furnishings are introduced. :: 1970: Expansion since the Second World War means the brand now has 94 UK stores and around 12,000 workers.
The chain went public in 1933. In the postwar era, British Home Stores shifted its strategy from selling strictly on price to focusing more broadly on offering "quality and value for money." The chain adopted the "Prova" brand to designate BHS exclusives in 1960.
