Deathwatch: JJB Sports close 45 stores – another 50 in danger

February 11th, 2011 7 Comments By Andy Dawson

retaildeathwatch Deathwatch: JJB Sports close 45 stores   another 50 in dangerWe’re unsheathing the ‘tits up klaxon’, pointing it in the direction of JJB Sports and letting rip with a harsh parp of it this afternoon. That’s because the troubled sporting goods retailer has announced the closure of 45 of its stores with the future of a further 50 in jeopardy as the whole money thing continues to go proper haywire for them.

Things could get even worse as JJB seeks to renegotiate rent deals with landlords under a CVA (company voluntary arrangement) – if agreements can’t be reached, administration and the possible collapse of the business could be a very real prospect.

The company currently employs 6,300 staff in more than 250 stores and recently received a takeover bid by rival JD Sports. Whether or not JD Sports is more successful than JJB Sports because it has one less letter and is therefore easier to say has never been proved.

Comments (7) Jump to most recent comment
  1. Posted by Nob February 11, 2011 at 2:39 pm

    Hooray! Hooray! It’s a holi-holiday,
    What a world of fun for everyone, it’s a holi-holiday.

  2. Posted by The Real Bob February 11, 2011 at 4:21 pm

    Could they not have had some planned “arson attacks” and claim on the insurance, all those man made fibres in one place would go up very well.

  3. Hahahaha Keith Jones you absoulte wanker, fucking everything up again, see you in hell mate.

  4. Posted by Yue February 11, 2011 at 8:23 pm

    This is the chavvy sports clothes for fashion store yes? So a step in the right direction.

  5. Posted by Slacker February 13, 2011 at 10:22 am

    This is a disaster! Where are the Chavs of the UK going to buy/steal their trackies and Reebok Classics from now?

  6. Posted by dan February 26, 2011 at 9:48 pm

    Dickheads!!!!!!!!!

  7. Posted by EX-JJB Manager April 3, 2011 at 10:01 pm

    I second John Browett’s comments. Sod Keith Jones and this stupid business.

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