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Old 17-04-2008, 18:22   #31
park381
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Re: Ethel Austins gone into administration

Quote:
Originally Posted by Sara View Post
JJB is closing some of their shops as well.

Sports chain JJB to close 72 stores - MSN News UK - news & weather

Never mind heading for a slump, think we're in it.
"The moves were announced as JJB said adjusted profits fell 28% to £33.8 million in the year to January 27.
A £25 million hit relating to the cost of closing the stores meant bottom-line profits fell 72% to £10.8 million."

Shame for the shareholders, but an even bigger shame for the people that will loose their jobs.

Have we not a JJB in Accrington centre, will that be another closure?? who knows
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