When did JJB close down?
9 November 2012
JJB Sports was officially dissolved, with debts of £150 million on 9 November 2012. There were a total of 5,000 employees at its closure.
Who bought JJB?
Sports Direct
Sports Direct has acquired the JJB Sports brand, website and 20 stores, saving 550 jobs, but the 133 remaining stores will be closed today (1 October) with 2,200 redundancies.
What caused JJB Sports to fail?
JJB never recovered after a series of poor acquisitions saddled it with debt during chief executive Chris Ronnie’s tenure between 2007 and 2009, although some believe its problems started much earlier.
Why did Woolworths fail as a business?
Suggested reasons for Woolworths’ failure range from poor management, poor customer offering, a rapidly evolving retail world, technology, and the circling vultures that were the discount pound stores.
What does JJB stand for?
JJB
| Acronym | Definition |
|---|---|
| JJB | Journal of Japanese Botany |
| JJB | Juvenile Justice Board (various locations) |
| JJB | Just Justin Board (Internet Message Board) |
| JJB | Juggernaut Jug Band |
Who owns JD sports?
Pentland GroupJD Sports / Parent organization
When did Woolworth shut down?
Woolworths fell into administration in 2008, and all 800 of the retailer’s stores closed in January the following year. The retailer, famous for its sweet pick-n-mix selection, was a high street stalwart and sold a variety of products from kitchen supplies to gardening equipment to clothing.
What happened to all sports shops?
Allsports went into administration last month with the loss of more than 1,300 jobs after a significant decline in sales and a price war among sportswear retailers. Since then administrators have closed 92 under-performing stores and John David Group today said it had acquired the rest of the company.
What will happen to JJB shops?
The shops are expected to be rebranded as Sports Direct. Sports Direct, controlled by Newcastle United FC owner Mike Ashley, has also snapped up all of JJB’s stock and the Slazenger Golf brand licences, as well as the company’s headquarters in Wigan, a freehold property.
What happened to JJB Sports?
Julia Kollewe Mon 1 Oct 2012 13.52 EDT JJB Sports, once Britain’s biggest sports retailer, finally collapsed into administration last night after weeks of negotiations failed to secure the future of 133 shops and 2,200 staff.
Who is JJB owned by?
Sports Direct, controlled by Newcastle United FC owner Mike Ashley, has also snapped up all of JJB’s stock and the Slazenger Golf brand licences, as well as the company’s headquarters in Wigan, a freehold property. However, the remaining 133 JJB stores shut on Monday leaving 2,200 people out of work.
When did JJB go into administration?
Mon 1 Oct 2012 13.52 EDT JJB Sports, once Britain’s biggest sports retailer, finally collapsed into administration last night after weeks of negotiations failed to secure the future of 133 shops and 2,200 staff.