BHS has reported a fall in pre tax profits for the year end of March. Profits are down from 34% to £32.6m from £49.4m 12 months earlier. Total sales at BHS were down 1.4% to £860m. Mr Green who owns the chain said the results were "a solid performance in an exceptionally challenging market". Other retailers such as Marks and Spencer have also recently reported its worst quarterly sales performance for more than three years.