Published in Lifestyle and Retail category by MBA Skool Team
BHS British Home Stores is one of the leading brands in the lifestyle and retail sector. BHS British Home Stores SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of BHS British Home Stores:
Has a strong emotional connection with Britons as they connect it to childhood memories of buying school uniforms and kitchen ware with their mother.
Global presence through self- owned stores as well as wide franchisee network; has very strong presence in the Middle East countries.
Has 170+ stores throughout the United Kingdom; mainly located on high street
The company has over 17,000 employees working for thr organisation
The brand has also extended its presence in a few select international destinations
Above are the strengths in the SWOT Analysis of BHS British Home Stores. The strengths of BHS British Home Stores looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
BHS British Home Stores Weaknesses
Its Online service is limited as many customers face trouble with less information
Presence of many substitute brands means less revenue share
These were the weaknesses in the BHS British Home Stores SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
BHS British Home Stores Opportunities
Integrate online and store sale policy terms and have multichannel approach to tap in all segments of customers
Increase its global presence by partnering in emerging economies where there is demand for value for money products
Above we covered the opportunities in BHS British Home Stores SWOT Analysis. The opportunities for any brand can include prospects of future growth.
BHS British Home Stores Threats
The company runs on cost competition and hence costs have to be kept very low to make profit. With rising raw material and sourcing costs this is becoming more difficult.
Too many companies now catering to the same segment is decreasing volumes
The threats in the SWOT Analysis of BHS British Home Stores are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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