TK Maxx not ruling out town BHS site

On Wednesday the JEP reported that four retailers – John Lewis, Matalan, House of Fraser and H&M – had declared that they were not interested in taking over the King Street premises, which was vacated by BHS after the store ceased trading on Saturday.

And despite rumours to the contrary appearing on many Islanders’ social media accounts, Debenhams and Selfridges have now told this newspaper that they are not in the running to take over the site.

However, TK Maxx, the retail company that runs more than 400 stores across the UK and Europe – including in Germany, Poland and the Netherlands – has chosen not to quash speculation that it could yet take over the site.

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