Store trading despite chain collapse

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THE last remaining JJB Sports store in the region is still in business despite trading of shares in the company being suspended as the struggling sports retailer prepares to call in administrators.

The firm said it would continue to trade through all of its outlets – including the one on Ravenside Retail Park in Chesterfield – for the time being. KPMG are expected to be appointed to handle the formal administration process once terms of the business’ sale have been agreed with a potential buyer.

Until then, JJB, which employs around 4,000 staff at its 180 stores nationally, said all of its outlets would remain open as usual.

JJB Sports announced at the end of August that it was seeking a buyer to rescue the firm.

Sheffield’s last remaining JJB store at Crystal Peaks closed earlier this month and a branch on The Moor closed last year.

There is speculation that rival retailer Sports Direct could buy the firm.