Deathwatch: JJB finally in administration

24 September 2012

retail deathwatch In a move that has come as a surprise to absolutely no one whatsoever, JJB Sports has fallen into administration, in the absence of a buyer for the beleaguered tracksuit floggers.

Talks with potential buyers have come to nothing and now the inevitable administration phase has begun. We now expect someone (probably Sports Direct) to come along and cherry-pick the best bits of JJB, leaving the rest of the chain to wither and die.

It is expected that at least half of the nation’s JJB stores will close as a result of whatever comes next in this grim tale – with JJB’s 4,000 workers chewing their nails over their futures.

JJB has already restructured through two company voluntary arrangements and four emergency fundraisings. Even the fact that Bill Gates has been a shareholder hasn’t been enough to save them.

12 comments

  • badger
    To JJB Staff - steal as much as possible. I suggest wearing a new tracksuit top home each night with an accompanying sports bag full of goodies. If you fear being caught, just collect discarded or copy receipts and steal those items, so when stopped, you have proof of purchase. Better still, pass that receipt to a friend who can walk into store next day, pick up matching item from shelf and use the receipt to return it at the counter pocketing the cash. You may wish to participate by being the staff member to do the return and helping the scam run smoothly.
  • Fat T.
    Fookin Sports Direct don' do fookin XXXL.
  • LancerVancer
    At last, lets hope this stops you from posting a story about this every week.
  • Sicknote
    @badger You must mean "To JJB Staff – steal as much MORE as possible" but seriously; I am fucking glad this place is going to the wall.
  • DragonChris
    Quite disappointed to see it going. JJB is useful for getting my trainers or the occasional training top, googles etc. There aren't really any alternatives here aside from Sports Direct which have like 2 shops in the country, which are not handy at all. Sucks.
  • Dick
    Still couldn't give a fuck about the store or the staff.
  • Wongaporkpies
    People say they do not care for the staff. You will change your tune when those people are having to claim benefits, rather than having a job and paying their own way !
  • Zane L.
    Hold on everybody, we've not yet had the benefit of Chewbacca's mighty intellect on the subject.
  • Mr. P.
    @ Zane Yes! Where is Chewbacca? Teach us, oh wise one!
  • boing
    Is this the same thing as JD sports?
  • Mr. P.
    @ boing There is a company is called JJB Sports. There is a second company called JD Sports. Do you see the difference? Well look again.
  • boing
    Ah, I guess sarcasm wasn't clear enough. I will add smilies next time.

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