Jobs safeguarded after JJB in Dorchester stays open

First published in

THE JJB Sports shop in Dorchester is to stay open safeguarding nine jobs after it was bought by rival a retailer.

It was feared the store in South Street would become the latest high street casualty after the company went into administration last week.

Around 2,200 staff at JJB Sports were made redundant yesterday after administrators closed 133 stores and agreed to sell 20 remaining outlets, including the Dorchester branch, to Mike Ashley's Sports Direct International.

The Sports World parent bought the stores, the brand and its website for £23.8 million in a deal that will protect 550 jobs in the UK, including its warehouse.

But the agreement is a worse-than-expected outcome for JJB staff as Sports Direct was reportedly hoping to safeguard up to 1,500 jobs and buy up to 60 stores.

However, David McCorquodale, corporate finance partner at KPMG said the level of cash and further operational restructuring required to rescue a substantial part of the business was too much risk for interested parties.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree