17-04-2008, 18:22
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#31
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Senior Member+
Join Date: Dec 2004
Location: On the border
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Re: Ethel Austins gone into administration
Quote:
Originally Posted by Sara
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"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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