2,200 jobs lost at JJB Sports
2,200 staff at JJB Sports have been made redundant after administrators closed 133 stores and agreed to sell 20 remaining outlets. The agreement is a worse-than-expected outcome.
133 JJB Sports stores close
Following their appointment, the administrators KPMG completed an agreement to sell part of JJB Sports to Sports Direct International.
Sports Direct now has 20 of JJB’s stores, the brand and website, securing around 550 jobs in the UK (including the staff at the company’s warehouse).
The remaining 133 stores will close today, resulting in approximately 2,200 redundancies. A total of 167 employees will remain to assist the administrators.
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