DIRECTORS of JJB Sports announced plans to appoint administrators to the embattled retail chain in a move that will lead to renewed uncertainty about the fate of 30 stores and the jobs of hundreds of employees in Scotland.
DIRECTORS of JJB Sports announced plans to appoint administrators to the embattled retail chain in a move that will lead to renewed uncertainty about the fate of 30 stores and the jobs of hundreds of employees in Scotland.
CONCERN: JJB flourished during the boom in consumer spending in the 1990s, but was hit hard in the financial downturn. Picture: Mark Gibson
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MARK WILLIAMSON
The directors appear to have thrown in the towel on attempts to sell the whole company and plan to appoint administrators as part of a process that is expected to involve a bidder cherry-picking parts of the business.
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