It has been reported that department store BHS is to continue trading through the summer as a liquidation date has still not been confirmed with creditors stating after a meeting that BHS will remain in business for “the next couple of months.”

The chain will continue to sell its seasonal stock after the announcement that it had gone into administration in April after failing to find a buyer. Duff & Phelps, the administration company, revealed that the business would be wound down.

A spokesperson commented: “They are going to basically carry on trading for the summer, the next couple of months.”

“They are just going to sell the stock they have, but are not obviously ordering next season stock.”

Managing the stores pension deficit is the chain’s largest creditor the Pension Protection Fund who voted against the creation of a creditors’ committee and has introduced plans to bring in FRP Advisory to assist Duff & Phelps.

Hilco Capital has also been appointed to assist in “extending the viable trading period of the store network in order to allow administrators the opportunity to realise maximum returns for creditors.”