JJB 'given deadline for turnaround plan'
28th August 2012
BOSSES at JJB Sports, the troubled retailer, have just over a week to finalise a new turnaround plan, according to reports.The Wigan company which has 180 shops and employs 4,000 people warned last month that it would need fresh funds to pay for its store refurbishment programme sooner than it had expected as it battles poor trading and rising debts.The Independent newspaper said that the management havebeen given a deadline of September 5 to submit the proposals for a financial restructuring.All of JJB's major shareholders a......for the full story register now for free or login below...
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