Bhs wants to prevent its customers from throwing open their closet doors and letting out big heavy sighs. Formerly British Home Stores, Bhs operates more than 100 department stores throughout the UK. One of the high street's best-known names, it sells clothing, shoes, and accessories for men, women, and children, as well as a variety of furnishings, appliances, gifts, and accessories for the home. Bhs was founded in 1928, and at the time the highest price for any item found inside was a mere shilling. Over the years it has expanded its merchandise line, and has opened more than a dozen stores specializing in exclusively homewares. The chain is owned by billionaire Philip Green's Arcadia Group.