More casualties to come on UK's high streets as BHS closes

There will be more retail casualties on UK high streets, experts have warned, as the last of failed chain BHS’s stores prepared to close.

By the time the last remaining BHS stores cease trading on Sunday, around 11,000 people will have lost their jobs.

Retail analyst Richard Hyman warned that the retail market is oversupplied, with too many shops and online stores “chasing too few customers”.

He said: “The coming years will see more casualties and more store closures as the weaker players are gradually forced out of the market.”

Independent analyst Nick Bubb added: “Mid-market high street clothing chains are being squeezed between discounters like Primark and edgier chains like Zara.”