I could have closed down bits of British Home Stores to make more money but it’s not my style. I want to make my money as a retailer, not by putting people out of work.

Meaning of the quote

Philip Green, a British businessman, says he could have made more money by closing down parts of his company British Home Stores. However, he chose not to do this because it would have put people out of work. Instead, he wants to make money by running his retail business, not by firing employees.

About Philip Green

Philip Green, a British businessman, was the chairman of the Arcadia Group, which owned popular high street clothing retailers like Topshop, Topman, and Miss Selfridge. He had a net worth of u00a3910 million as of 2023 and was involved in several controversies during his career, including the demise of BHS in 2016.

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