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Jobs lost as sports retailer goes into administration
9:30am Wednesday 3rd October 2012 in News
Struggling sports retailer JJB Sports has gone into administration, leaving about 2,200 employees redundant nationwide.
In Oxfordshire 16 workers at two shops – Magdalen Street, Oxford, and Castle Centre, Banbury – have lost their jobs.
Administrator KPMG has closed a total of 133 stores, and sold the remaining 20 to Sports Direct International.
David McCorquodale, of KPMG, said it had proved impossible to rescue a more substantial part of the business.