Sports stores close with loss of 40 jobs
TWO JJB Sports stores in the Bristol area have closed, with the loss of around 40 jobs.
Administrators were called in last week by the sportswear firm, which had been struggling to stay afloat for the last 18 months.
There were high hopes that rival firm Sports Direct would step in and rescue the ailing company but that failed to materialise in Bristol.
Sports Direct has bought around 20 of the firm's stores saving around 550 jobs in the process. But 133 branches, including two in Bristol in Cabot Circus and Abbey Wood, are to close with the loss of 2,200 jobs nationwide.
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Richard Fleming, UK head of restructuring at administrators KPMG, said: "Unfortunately a buyer could only be found for 20 stores on a going concern basis.
"All staff made redundant as a result of store closures have had their arrears of wages and holiday entitlements paid in full."