Questions are being asked about the declining profit margins at failed retailer, BHS. Sunday Times reporter, Oliver Shah quotes and attributes research carried out by Opus.
“BHS’s profit margin before Green’s consortium too control was less than 3%, according to Opus Restructuring, an advisory firm. It leapt to more than 10% by 2002 and stayed at that level until 2006, when it crashed to less than 4%. Caring sold his interest in BHS to Green that year …”